Five largest construction projects initiated in Asia Pacific in metals and material extraction and processing plant in Q2 2022

These are the five largest metal and material mining and processing construction projects in Asia that started in the second quarter of 2022, according to GlobalData’s construction projects database.

1. Nickel Processing Factory – $3,500m

The project includes the construction of a nickel sulfate processing plant with a production capacity of 150,000 tons of nickel sulfate per year in Central Java, Indonesia.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2026.

The project aims to produce 150,000 tons of nickel sulphate per year.

2. Olive Downs Project – $745m

The project includes the development of an open coal mine with a production capacity of 15 million tons of coking coal per year near Moranbah, Queensland, Australia.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2033.

The project aims to generate substantial economic benefits for the state of Queensland. It is a coordinated project under the Queensland State Development Act.

3. Cracking and Leaching Processing Plant in Kalgoorlie – $354m

The project includes the construction of a cracking and leach processing plant in Kalgoorlie, Western Australia, Australia.

Construction work started in the second quarter of 2022 and is expected to be completed in the third quarter of 2023.

The project aims to support Australia’s critical mineral industry.

4. Pohang Cathode Factory: – $226m

The project includes the construction of a 30,000 MTPA cathode plant on a 12-hectare site in Pohang, South Korea’s Gyeongsangbuk-do.

Construction work started in the second quarter of 2022 and is expected to be completed in the third quarter of 2024.

The project aims to produce cathode materials in the region.

5. Development of Dampier HMS Mining Infrastructure – $195 million

The project includes the construction of an Ilmenite, Leucoxene and Zircon opencast mine with a production capacity of 12.2 MTPA ore in Western Australia, Australia.

Construction work started in the second quarter of 2022 and is expected to be completed in the first quarter of 2024.

The mine will provide the region with sufficient metal support. The mine will last 40 years. The Thunderbird Deposit is the first major mineral sand deposit discovered in the Canning Basin and one of the largest mineral sand deposits discovered in the past 30 years.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25 million from announcement to completion.

Verdict’s parent company GlobalData plc provides business intelligence to 4,000 of the world’s largest companies.

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