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Wilton Makmur (SQMI) Scheduled Ciemas Factory Commissioning in October

www.industri.kontan.co.id

Sun 24 Jul 2022, 09:09 AM

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PT Wilton Makmur Indonesia Tbk (SQMI) continues to oversee its expansion agenda at its new gold processing plant located in Ciemas, West Java. Wilton Makmur has scheduled the completion of the installation and testing of the main and supporting equipment at the factory facility to be carried out in mid-September 2022, if there are no unforeseen events.

This stage will then be continued with the commissioning of the main and supporting equipment at the processing facility in mid-October 2022. Then, trial production of gold dore (gold dore) will be continued in mid-November 2022, and commercial production of dore gold (gold dore) in mid-December 2022. SQMI Corporate Secretary Mohammad Noor Syahriel revealed that the progress of the physical work of the Ciomas factory had exceeded 95%, aka almost complete.

"What is still being done is finishing," he said when contacted by Kontan.co.id (24/7). According to SQMI's plan, the Ciemas gold plant will have a processing/input capacity of 500 tons per day when it operates commercially in December 2022. With that capacity alone, the Ciemas factory is projected to be able to produce 38,634 troy ounces (toz) of gold or the equivalent of about 1 tonne of gold per year. Kontan.co.id has not received any information about the investment value of this project.

Syahriel said, SQMI will still increase the production capacity of the gold factory in Ciemas after commercial production later. It is planned that SQMI will install an additional processing/input capacity of 1,000 tons per day. So, the total input capacity of the Ciemas factory will reach 1,500 per day. "Because the spot for the upgrade itself has been prepared from the start (by design), so it will not interfere with commercial production of 500 tons per day," explained Syahriel.

Source: https://industri.kontan.co.id/news/wilton-makmur-sqmi-jadwalkan-commissioning-pabrik-ciemas-di-oktober-2022

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