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Iron Sand Mining Indonesia

Nov 01 2011 JMI holds a 30 year working contract (KK) for iron sand mining and to produce pig iron in Kulon Progo Yogyakarta The company started iron sand mining in 2011 and production of pig iron in 2012 PT JMI invested US$1 7 billion in the project including US$ 600 million for mining and US$ 1 1 billion for infrastructure building a 350 MW power plant

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