On August 28, 2023, in the smelting workshop of Indonesia Hengsheng New Energy Materials Co., Ltd., as the fiery red low nickel matte slowly flowed out, it marked that the world's first oxygen-enriched side-blown process to process laterite nickel ore to produce matte nickel production line was successfully put into operation.
A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.