19
Apr
10:32
Dowstone to invest in Indonesia-based nickel project
Shenzhen-listed manufacturing company Guangdong Dowstone Technology recently announced that it will raise no more than CNY 2.2 billion ($344.73 million) for several nickel projects through convertible bonds, Kallanish learns.
According to the announcement released on 16 April via the Shenzhen Stock Exchange, Dowstone will use the fund for several projects, including a 20,000-tonne/year nickel metal equivalent production for nickel matte project in Indonesia …
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