Automobile
Huayou & EVE Energy to enter partnership in setting up a USD 2.08 bln nickel smelter in Indonesia
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141
May 25, 2021 (China Knowledge) - China’s Zhejiang Huayou Cobalt (603799) said on Monday it will partner with companies including a unit of battery maker EVE Energy (300014) to set up a USD 2.08 bln nickel and cobalt smelting project in Indonesia.
In its filing with the Shanghai Stock Exchange, Huayou said the smelter will be located on Weda Bay on the island of Halmahera in North Maluku province. The project aims to produce around 120,000 tons of nickel and 15,000 tons of cobalt on a metal content basis.