Batu Hijau stockpiles Project |
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Batu Hijau stockpiles |
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Country |
Indonesia
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Status |
PRODUCTION
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Mining District |
Sumbawa |
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Legends
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Risk and valuation analysis of the Batu Hijau stockpiles Project |
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Title(s) of the Batu Hijau stockpiles Project |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 45% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The operation is a joint venture with Nusa Tenggara Mining Corporation, majority owned by Sumitomo Corporation, and an Indonesian firm, PT Pukuafu Indah. Newmont is the operator of Batu
Hijau and has a 52.875% economic (45% ownership) interest. |
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Location of the Batu Hijau stockpiles Project |
Located on the remote island of Sumbawa in the south
central portion of the Indonesian archipelago, Batu Hijau is
950 miles (1,528 kilometers) east of Jakarta.
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History of the Batu Hijau stockpiles Project |
In 1990, Newmont discovered Batu Hijau, a large copper-gold deposit on the island
of Sumbawa. Batu Hijau shipped its first concentrate at the end of 1999.
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Data last updated on : 12/31/2005
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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