PT Weda Bay Nickel WBN is a world-class nickel and cobalt mining and hydrometallurgical processing company being developed on the island of Halmahera, located in the North Maluku Province of the Republic of Indonesia. PT WBN is owned by Singapore based company, Strand Minerals PTE. LTD. Strand and the Indonesian state-owned mining Company PT Persero Aneka Tambang Tbk. ANTAM. Strand itself ...PT Weda Bay Nickel WBN is a world-class nickel and cobalt mining and hydrometallurgical processing company being developed on the island of Halmahera, located in the North Maluku Province of the Republic of Indonesia. PT WBN is owned by Singapore based company, Strand Minerals PTE. LTD. Strand and the Indonesian state-owned mining Company PT Persero Aneka Tambang Tbk. ANTAM. Strand itself is owned by ERAMET and Mitsubishi Corporation and Weda Bay Nickel WBN signed the 7th Generation Contract of Work CoW with the Government of the Republic of Indonesia in February 1998 for nickel and cobalt mining and processing within a contract area of 54,874 hectares in the Central Halmahera and East Halmahera Regencies of the North Maluku the CoW, the Government gives WBN, as a foreign investment company, the right to conduct on its own account all stages of operations. The CoW is based on a production period of 30 years which could be extended to 50 years by an additional two 10 year Project of WBN represents the biggest single planned investment in a new mining and ore processing venture for 15 years. It also provides the opportunity of introducing an innovative hydrometallurgical process - developed by ERAMET - to be implemented according to sustainable development philosophy to provide added value to the natural resources of Indonesia as well as positive and long-term benefits to its people and to the Project's shareholders.
PT Indonesia Weda Bay Industrial Park Kawasan Industri Weda Bay merupakan Kawasan Industri pertama terintegrasi di Indonesia yang diperuntukkan untuk memfasilitasi proses pengolahan mineral dan produksi komponen baterai kendaraan listrik. Green Industry to build The Greener Future Kawasan Industri Weda Bay mempunyai visi dan misi untuk melakukan kegiatan industri yang berkelanjutan dan
Ombudsman The complaint was deemed eligible for assessment in August 2010. In January 2011 the 120-day assessment period was extended, with the agreement of the parties. The additional time was requested by the complainants and was needed in order to allow the CAO Ombudsman team to meet and communicate with the local community complainants in a manner that protected their identities. The CAO Ombudsman team spent significant time working with all parties to assist them in understanding and exploring their options for resolving the complaint issues. Ultimately, the complainants informed the CAO that they would not participate in or support a dispute resolution or dialogue process convened by the CAO and they reiterated the request to keep individual community-member complainant identities confidential. In June 2011, the CAO Ombudsman concluded its involvement in the case and released its Assessment Report. In accordance with CAO’s Operational Guidelines, and to provide assurance that there were no outstanding concerns regarding MIGA's compliance with applicable social and environmental requirements related to the project, the case was transferred to CAO Compliance for appraisal. Compliance The compliance appraisal aimed to establish whether MIGA assured itself that it diligently reviewed and assessed the environmental and social risk and potential impacts of the project. Specifically, whether there is evidence of risk of significant adverse social and environmental outcomes arising from MIGA's guarantee and the related project that indicates that policy provisions failed to provide an adequate level of protection. The CAO appraisal did not find this to be the case. The appraisal also investigated whether a compliance audit of MIGA could yield information that may improve the application of policies or other audit criteria to future projects. The CAO found that an audit of MIGA’s due diligence of the guarantee related to the engineering and feasibility phase of developing the project, against the applicable policy provisions, would yield limited information and would be of limited value beyond the findings already identified in the appraisal 1 The appraisal found that during its due diligence of the guarantee, MIGA classified the project as Category A under MIGA’s Environmental and Social Review procedures. MIGA did not expect impacts on critical habitats or on biodiversity or the consequences of pollution to be significant during the engineering and feasibility phase. However, MIGA identified several significant potential impacts during the construction and operations phase, such as potential erosion; impacts on biodiversity; effects of disposal of solid residues; and consequences of population influx. MIGA stated that these impacts could be irreversible if not addressed properly. 2 MIGA identified Performance Standards 1–8 as relevant and applicable to the engineering and feasibility phase. 3 MIGA also identified that, in order to assess the impacts of construction and operations, the client had committed to conduct further work and studies related to terrestrial biodiversity; marine biodiversity and the ecology of the Sagea Lagoon; community social assessment; public consultation and disclosure plan; community and indigenous people development plan; cultural heritage preservation plan; land acquisition and compensation plan; greenhouse gas emissions assessment; metals background study; residue management impact assessment; karst limestone deposit analysis; Kobe River watershed study; and population influx. 4 MIGA stated that the project sponsors had committed to comply with MIGA Performance Standards and the Equator Principles; the World Bank Group Environmental, Health and Safety Guidelines; the World Business Council for Sustainable Development Mining Guidelines; and the International Council on Metals and Minerals ICMM Sustainable Development Framework, and that third party ISO 14001 certification of the managements system would be sought.
PT Weda Bay Nickel has offered communities whose land falls within areas required for imminent construction IDR8000 per square meter (the equivalent of USD 55 cents or EUR 0.55 per square metre) plus compensation for plants. By way of reference, in most parts of Indonesia IDR8000 is only about enough to purchase a single meal.gaji pt weda bay nickel
