18
Jan
14:19
NICKEL, COBALT: Battery Metals Technologies to invest $1.5 billion in Kazakhstan
Battery Metals Technologies Ltd., a nickel and cobalt mining startup company from Kazakhstan, plans to invest up to $1.5 billion in a project for the production of nickel and cobalt, the company says.
According to the plans, the start of production will be in 2023, and by 2039 the miner intends to ramp up production to 20,000 tonnes/year of nickel and up to 1,500 t/y of cobalt, Kallanish notes. The costs of the first stage development are estimated at $103 mi…
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