US-based mining company Vanguard Mining intends to set up a cement plant in Indonesia's East Nusa Tenggara.
This was disclosed by the Indonesian Cement Association's chairman, Widodo Santoso. Vanguard is to invest an estimated US$490 million/€387.49 million) in the project, which will be carried out in several stages.
The cement plant will have 2 million tonnes in annual capacity.
