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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.