Links to coal mining add to Indonesian palm oil sector s risk for buyers mongabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mongabay.com Daily Mail and Mail on Sunday newspapers.
The nickel market staged an impressive recovery since a COVID-19 low in March 2020 and the price rise was one of the strongest of all the base metals in 2020. This recovery was underpinned by strong stainless
Project aims to produce 120,000 T nickel, 15,000 T cobalt a year Huayou to hold 20%, EVE 17% and Tsingshan unit 31%
May 24 (Reuters) - China’s Zhejiang Huayou Cobalt Co said on Monday it would partner with companies including a unit of battery maker EVE Energy to set up a $2.08 billion nickel and cobalt smelting project in Indonesia.
Huayou will hold 20% of the venture and it is the cobalt supplier’s third major investment in a smelter in top nickel ore miner Indonesia, which is becoming an important centre for the nickel and cobalt chemicals used in electric vehicle batteries.
The latest site will be at Weda Bay on the island of Halmahera in North Maluku province where Huayou already partners with Tsingshan Holding Group in a nickel sulphate project. The project aims to produce around 120,000 tonnes of nickel and 15,000 tonnes of cobalt on a metal content basis, Huayou said in a filing to the Shanghai Stock Exchange.
China s Huayou, EVE Energy to set up nickel smelter in Indonesia thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.