Banpu rates potential of overseas mining project
published : 6 Jul 2021 at 04:00
SET-listed Banpu, a non-oil energy conglomerate, has announced plans for a mining business to supply feedstock to technology product manufacturing.
Banpu chief executive, Somruedee Chaimongkol, said the company has set up a panel to conduct a feasibility study for the new project in Australia and Indonesia where minerals have high potential to supply factories.
Details of the study, including a time frame, were not revealed. The firm said it may start with small-scale mining, covering nickel, magnesium and cobalt.
These minerals are the main feedstock for the battery production process.
The name Somruedee Chaimongkol has been synonymous with coal, gas and pollution throughout Asia since 2015. She is the chief executive of the Banpu Public