National media reported Saturday (June 15) that PT Ceria Nugraha Indotama (CNI) had kicked off construction of US$1 billion ferronickel smelter in Wolo sub-district, Kolaka Regency, Southeast Sulawesi province. The smelter, with design capacity for nickel equivalent of 50,400 tons per annum (US$600 million at US$12,000/ton), is scheduled for commercial operation in 2021. Who’s behind the project?To subscribe please click here