Weiming Environment to invest in building nickel matte project with 40,000tpy of nickel-containing metal in Indonesia by joint venture

Weiming Environment announced on January 24 that the company signed a "Project Joint Venture Agreement" with Merit Company, and both parties proposed to establish a project company to invest in a laterite nickel ore smelting project with an annual output of 40,000t of nickel matte (40,000t of nickel-containing metal) in Indonesia and a total investment for not more than USD390 million.Asian Metal Copyright The company holds 70% equity of the project company.Asian Metal Copyright The company holds 70% equity of the project company.Asian Metal Copyright .Asian Metal Copyright According to the company's shareholding ratio, this foreign investment amount does not exceed USD273 million.
.Asian Metal Copyright According to the company's shareholding ratio, this foreign investment amount does not exceed USD273 millionAsian Metal Copyright