Is Indonesia altering the nickel market?

At the end of Q3 2018 a consortium announced plans to build a $700 million nickel processing plant in Indonesia aiming to produce battery-grade nickel chemicals. The joint venture sees major stainless-steel manufacturer Tsingshan, and leading battery materials producer GEM, pair up with a 36% share each.

The Chinese-led investment will also see the battery producer CATL taking a 25% share and Japan’s Hanwa receive an 8% interest in the joint venture. 

The project, based in Morowali, Indonesia, is expected to produce 50,000 tonnes per annum (tpa) of high purity nickel and 4,000 tpa . . .


Login to continue reading!

This article is restricted to Benchmark Membership subscribers.

Login

Not subscribed yet?

To subscribe or to find out more about Benchmark Membership click here or fill in the form below and a member of our team will be in touch with you as soon as possible.