After years of talk, and almost one decade of control by Bakrie Group’s Bumi Resources Minerals (BRMS), we might eventually see construction of lead/zinc smelter of PT Dairi Prima Mineral (DPM) in North Sumatra province. BRMS informed market participants late last week that terms and conditions of the divestment of shares in DPM to Chia Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (NFC) had been met by both parties.To subscribe please click here
