Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Zurich, Switzerland, June 18, 2008 – ABB, the leading power and automation technology group, has won a $70-million order for power equipment from State Grid Corporation of China for a new power link in northeastern China that will help the development of industry in the region.
The new HVDC (high-voltage, direct current) link will transmit 3,000 MW (megawatts) of power over 920 kilometers from Hulunbeir, in Inner Mongolia, to Shenyang in Liaoning province. The ABB order is part of a project with an estimated total value of $400 million.
“We are very pleased that State Grid Corporation has selected ABB for this portion of an important project to support the rejuvenation of Liaoning’s industrial base,” said Peter Leupp, head of ABB’s Power Systems division. “ABB has unrivalled experience in high-voltage direct current, with projects on every continent, on land and at sea.”…more at ABB.com
