• Yttrium Oxide 99.999%min In warehouse Rotterdamup(1)  07-18|Lanthanum Oxide 99.999%min FOB Chinaup(0.08)  07-18|Lithium Carbonate 99.2%min Delivered Chinaup(1900)  07-18|Lithium Carbonate 99.5%min Delivered Chinaup(1900)  07-18|Spodumene Li2O 6%min CIF Chinaup(20)  07-18|Spodumene Li2O 3%min In port Chinaup(20)  07-18|Silicon Metal 5-5-3 In port Indiaup(3)  07-18|Spodumene Li2O 5%min In port Chinaup(25)  07-18|Cobalt Metal 99.8%min In warehouse Baltimoredown(-0.5)  07-18|Coking Coal A 10%max, S 0.8%max EXW Henanup(30)  07-18|Zircon Sand Zr(Hf)O2 65%min, Fe2O3 0.10%max EXW Chinadown(-300)  07-18|Monazite TREO 54%min In port Chinaup(1000)  07-18|Cadmium Ingot 99.99%min In warehouse Rotterdamdown(-0.05)  07-18|Coking Coal A 10%max, S 0.8%max EXW Hebeiup(30)  07-18
  • KEPCO Board approves Indonesian coal power project amid environmental controversies

    2020-06-30 14:28:24   [Print]
    The board of South Korea's state-run utility firm Korea Electric Power Corp.Asian Metal Copyright Environmental activists have been demanding that KEPCO scrap the project, insisting that it will significantly damage the environment.Asian Metal Copyright (KEPCO) on Tuesday approved a business project to build two units of coal power plants in Indonesia despite controversies over profitability and the environment.

    KEPCO signed a deal with Indonesia-based PT Barito Pacific in May 2019 to participate in the project worth US$3.46 billion to build the ninth and 10th coal-fired power plants with a total of 2,000 MW capacity on Java.

    Under the deal, KEPCO will invest $51 million to win a 15 percent stake in the special-purpose company that also involves PT Indonesia Power, which will carry out the project.

    The consortium won the right to operate the two coal plants for 25 years after the completion. The construction is anticipated to begin as early as next month, although the process can be delayed depending on situations.

    Environmental activists have been demanding that KEPCO scrap the project, insisting that it will significantly damage the environment.

    KEPCO, on the other hand, said the project has passed the feasibility test carried out by the Korea Development Institute and will strictly follow international environmental regulations.

    .Asian Metal CopyrightThe board of South Korea's state-run utility firm Korea Electric Power CorpAsian Metal Copyright
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