Jindal Stainless picks 49% stake in Indonesia NPI firm

Posted on   8:48 am

In a major strategic move to ensure long term availability of nickel, Jindal Stainless Ltd (JSL) entered into a collaboration agreement with New Yaking Pte Ltd for the investment in, development, construction and operation of a Nickel Pig Iron (NPI) smelter facility located in an industrial park in Halmahera Islands, Indonesia.