19
Nov
03:38
China Molybdenum participates in Indonesian nickel investment
China Molybdenum Co (CMOC) has announced it will participate in an Indonesian nickel investment by acquiring Hong Kong W-Source Company, according to a public announcement. Upon completion of the acquisition, CMOC will become the second-largest shareholder in Indonesia Huayue Company, Kallanish notes.
Huayue plans to build a laterite nickel ore wet smelting facility with an annual output of 60,000 tonnes/year of nickel metal in the …
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