In executing its business activities Company has applied several business strategies which are adding more land and nickel supply to Company’s present possession; To support the Company’s business activities as well as its Branch Company, Company needs to own sufficient supply for the purpose of having raw nickel for a period of some years ahead. Company endeavours to continue find Mining Business Permits (IUP) which can be taken over or joint work with other parties for the purpose of land enabled to be operated together.
Company is still to perform the nickel ore mining activities, when the nickel ore mining product later will be sold to the Branch Company and to other smelters in Indonesia which are already operating. It so happens that Company will also upgrade its sale to Branch Company where there is a plan to upgrade the NPI production which would start to be executed by the Branch Company in November 2019. This matter was to be supported the Company’s optimism as with the plan of setting up 2 lines RKEF machines may increase the Branch Company production capacity in the future.