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Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. announced an agreement with Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. All three companies are making equity investments in the Pomalaa Block High-Pressure Acid. ....

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