First Two Smelting Furnaces Arrive in Kupang
Gulf Manganese Corporation Limited advises that the Company’s first two smelting furnaces have arrived at Tenau Port in Kupang. The smelters will now undergo a final customs clearance before being transported to the Kupang Smelting Hub Facility site operated by GMC’s subsidiary Company PT Gulf Mangan Grup (“PT GMG”) by truck commencing Monday 23rd July.
To mark the arrival of the first two smelters in Kupang, a celebratory ceremony was held in Kupang and was attended by representatives of our key investment partners, the Indonesian-based diversified investment group PT Jayatama Tekno Sejahtera (“JTS Group”), including Bapak Fofo Sariaatmadja (President Commissioner PT GMG) and Bapak Chairoel Jul Naro (Commissioner PT GMG). Also in attendance were local stakeholders, esteemed Government representatives and members from Gulf’s Board and Senior Management team.
The shipment was managed by Durban-based Themba Dry Cargo, with the unloading witnessed by the Senior Gulf Board and Management, key investment partners (including Bapak Fofo Sariaatmadja and Bapak Charoel Naru as well as Tan Hwa Poh and Sam Lee), with Xram Senior Management coordinating the unloading.
Gulf’s Managing Director, Hamish Bohannan, commented: “The arrival of our first two smelters marks a momentous occasion, not only for Gulf, its key investment partners and its shareholders, but for the local NTT community and all of those who have contributed in enabling Gulf to now be on the cusp of delivering this truly game-changing project.
“I would also like to thank all of those who attended our celebratory arrival ceremony to mark the occasion last week. The entire team at Gulf continues to be encouraged by the tremendous support received from the local community and it is our aim to repay this support through the successful start-up of the Kupang smelting hub facility.
“We are now firmly focused on installing these smelters ahead of expected commissioning in Q4 this year, and we look forward to providing further updates on this process and a number of additional catalysts in the near-term.”
Upon arrival at site this week, the smelter reassembly and installation program will commence and is expected to take approximately 10 weeks for this body of work to be completed prior to commissioning.
In addition, Gulf is also continuing to assess a number of strategic high-grade manganese project acquisition opportunities in the West Timor region, and further details on this process will be provided in due course.