News in Mining Industry
Huayou Cobalt Expands Nickel Capacity in Indonesia: Huayou Cobalt announced a $200 million investment to build a project in Indonesia with an annual production capacity of 50,000 metric tons of nickel sulfate. This project is a joint venture with Singapore-based Strive Investment Capital and Lindo Investment PTE, aiming to enhance its capacity to produce battery raw materials.
Huayou Cobalt Expands Nickel Capacity in Indonesia: Huayou Cobalt announced a $200 million investment to build a project in Indonesia with an annual production capacity of 50,000 metric tons of nickel sulfate. This project is a joint venture with Singapore-based Strive Investment Capital and Lindo Investment PTE, aiming to enhance its capacity to produce battery raw materials.