Miner expresses hopes on partnership with Ford Motor for EV battery materials
JAKARTA — The Indonesian unit of Brazilian mining giant Vale is embarking on three nickel processing projects worth a combined $8.6 billion with partners including Chinese battery materials producer Zhejiang Huayou Cobalt and potentially U.S. automaker Ford Motor.
Vale Indonesia on Tuesday signed a preliminary agreement for the latest of the three projects — all on the island of Sulawesi — with Huayou. It comprises a plan to develop a nickel smelter with high pressure acid leaching (HPAL) technology near Vale Indonesia’s major operations in Sorowako, South Sulawesi province.
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.