BRIEF-GEM, PT Vale Indonesia To Build Smelting Plant In Central Sulawesi

Reuters11-10

Nov 10 (Reuters) - GEM Co Ltd :

* TO JOINTLY BUILD GREEN SMELTING PLANT FOR NICKEL RESOURCES WITH PT VALE INDONESIA TBK IN CENTRAL SULAWESI, INDONESIA

* COMPANY'S CAPITAL EXPENDITURE FOR THE PLANT, WITH A 66,000-METRIC TON ANNUAL CAPACITY, WILL NOT EXCEED $1.42 BILLION

Source text

Further company coverage:

(Reporting by Beijing newsroom)

((Ella.Cao@thomsonreuters.com;))

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