Risks rise for reliance on mercurial exporter, which holds 24% of global reserves
Morowali, an Indonesian county with fewer than 200,000 residents, has attracted billions of dollars in investment from Chinese companies.
The list of Chinese investors includes battery materials producers Zhejiang Huayou Cobalt, Eve Energy and Guangdong Brunp Recycling Technology. In 2021 alone, they put nearly $4 billion into the county.
Discover the all new
Nikkei Asia app
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.