03
Sep
05:50
GEM signs nickel products purchase agreement
Chinese resource recycling company GEM says it will sign a purchase agreement with Ningbo Lygend's Indonesian subsidiary PT Halmahera Persada Lygend (HPAL). The main products involved are nickel and nickel products originating from Obi Island. GEM hopes to obtain a stable supply to ensure the smooth development of its battery project.
According to the agreement, within eight years from 2021, HPAL will provide GEM with 74,400-178,560 tonnes …
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