27
Mar
06:41
GEM announces investment increase in Indonesian nickel project
Shenzhen-listed battery recycler GEM says its joint venture GEM (Indonesia) New Energy Material secured $119 million in new investment to advance its nickel project in Indonesia, Kallanish reports.
According to GME’s announcement, the new investment was approved by a recent board meeting. It will enable the “high-quality” development of laterite resources and help Indonesian local miners expand the industry chain. The battery recycler says the t…
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