PT Nickel Gunbuster Industry (GNI) has asserted that its nickel smelter remains operational despite concerns linked to the financial difficulties of its parent company, Jiangsu Delong Nickel Industry Co. GNI is implementing management changes to prepare for future challenges and emphasizes that operations are conducted normally.
Despite the recent challenges faced by its parent company, PT Nickel Gunbuster Industry (GNI) has reaffirmed that its operations at the nickel smelter in Central Sulawesi are continuing unaffected. GNI is linked with Jiangsu Delong Nickel Industry Co., a stainless steel manufacturer that has reportedly encountered delays in payments to energy suppliers and issues in sourcing nickel ore, as reported by Bloomberg on February 20.
Anonymous sources have indicated that if the difficulties persist, a halt in production might occur soon. In light of this, GNI released a statement on Tuesday announcing the initiation of operational management changes aimed at enhancing their structure to tackle future industry challenges.
GNI acknowledged that the transition might cause temporary inconveniences for certain stakeholders, while assuring that decisions are being made with careful consideration of long-term objectives.
The company addressed concerns that have emerged in the media regarding a potential shutdown due to issues concerning their parent company in China, although no additional details were provided. GNI emphasized that operations continue normally and efficiently, asserting their commitment to maintain production levels without interruption.
In summary, PT Nickel Gunbuster Industry (GNI) has dismissed fears regarding an impending shutdown due to problems faced by its China-based parent company, maintaining that operations at its nickel smelting facility remain intact. GNI is making strategic management changes and has expressed its dedication to overcoming current industrial challenges while ensuring stakeholder interests are safeguarded.
Original Source: www.thejakartapost.com
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