Forbes
Sovereign wealth fund, Danantara Indonesia, has agreed to invest in the $1.4 billion nickel smelting facility being developed by Chinese battery maker GEM and Brazilian miner Vale in Central Sulawesi in eastern Indonesia. The new high-pressure acid leaching smelter will produce 66,000 tons of nickel in mixed hydroxide precipitate each year when completed, using nickel
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Danantara To Invest In Vale-Gem’s $1.4 Billion Nickel Project In Indonesia
Sovereign wealth fund, Danantara Indonesia, has agreed to invest in the $1.4 billion nickel smelting facility being developed by Chinese battery maker GEM and Brazilian miner Vale in Central Sulawesi in eastern Indonesia. The new high-pressure acid leaching smelter will produce 66,000 tons of nickel in mixed hydroxide precipitate each year when completed, using nickel