Silkroad Nickel Ltd (“SRN”) is the first nickel mining company listed on the SGX Catalist (Ticker: STP.SI). The Company has since transformed itself into a vertically-integrated, intermediate stainless steel producer of Nickel Pig Iron (“NPI”) and Ferronickel (“FeNi”) products with Best-In-Class and Lowest-Cost partners.
I. TODAY – SRN is engaged in the exploration, mining, production & sales of nickel ore and is expanding into downstream nickel ore processing to produce Nickel Pig Iron (“NPI”). SRN’s 99% subsidiary PT Teknik Alum Service (“PT TAS”) operates in the World’s most coveted nickel hot spot region – Morowali Regency, Central Sulawesi, Indonesia.
II. GROWTH PHASE I – Operate a NPI Blast Furnace smelting facility, target commissioning by Q4 2020
III. GROWTH PHASE II – Definitive agreement with PT ANTAM Tbk. & Shandong Xinhai to build a 4 x 48,000 kV Rotary-Kiln Electric Furnace (”RKEF”) facility to be signed by Q3 2020, Project Value USD 400M; target commissioning Q2 2022.