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26 Sep
06:35

GEM announces new Indonesia-based laterite nickel project

Shenzhen-listed Chinese battery material recycler GEM announced it plans to form a joint venture for a new laterite nickel project in Indonesia, Kallanish learns.  The project aims to promote the in-depth integration of Indonesian laterite resources and Chinese technologies, GEM says. It will also enhance the business model of Indonesian resources, South Korean materials, and European and US markets amid the challenges from US’ Inflation Reduction Act, …
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