PT Central Omega Resources Tbk was founded in 1995.
Since 2008, the company has started engaging in mining of nickel ore and in 2011, the company began exporting nickel ore overseas. In a short time, the Company has produced nickel ore as much as 3 million ton per year.
The Company’s nickel mines are located in Sulawesi, which has one of the largest laterite nickel reserves in the world, specifically at Morowali, Central Sulawesi and at North Konawe, Southeast Sulawesi.
In order to meet the governments regulation, Mining Law No. 4 of 2009, The Company plant to conduct downstream processing of it’s nickel ore by building a Ferro Nickel smelter (FeNi) in Northern Morowali , Central Sulawesi. Construction of the project was conducted by Company in cooperation with PT Macrolink Nickel Development to jointly form a new company, PT COR Industri Indonesia.
With a commmitment to become one of the major nickel company in Indonesia, PT Central Omega Resources Tbk together with PT Macrolink Nickel Development conducted a strategic move, both to improve sustainable mining practise and to increase the value-added nickel ore mineral resources, one of which is the operating of a FeNi smelter in Northern Morowali, Central Sulawesi. For the first phase, will be operated the smelter with production capacity of 100.000 ton NPI pa. This phase one smelter is scheduled to be operational by 2017.