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China s Tsingshan agree to launch lithium operations in Zimbabwe

Weekly Ratings, Targets, Forecast Changes - 11-03-22

BASF and Eramet to assess development of nickel-cobalt refining complex in Weda Bay to support EV battery production

BASF and Eramet to assess development of nickel-cobalt refining complex in Weda Bay to support EV battery production BASF and global mining and metallurgy group Eramet will jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex. Such a development would include a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL would be located in Weda Bay, Indonesia, while the location of the BMR will be determined during the feasibility study. The project targets a start-up of the HPAL and BMR facilities in the mid-2020s and will commence in the first phase feasibility study with limited funding.

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