GEM and Vale Indonesia to jointly build nickel HPAL plant

On November 10, China's GEM entered into an investment agreement with PT Vale Indonesia to jointly build a high-pressure acid leaching (HPAL) plant and associated facilities (including but not limited to sulfuric acid plant, dressing plant and tailings pond) in Central Sulawesi, Indonesia, which will process laterite-nickel ore supplied by Vale Indonesia to produce mixed hydroxide precipitate (MHP), an intermediate product containing nickel and cobalt, with a target production of 66,000 tonnes per annum, for a total capital expenditure of up to USD1.Asian Metal Copyright42 billion.Asian Metal Copyright42 billion.Asian Metal CopyrightOn November 10, China's GEM entered into an investment agreement with PT Vale Indonesia to jointly build a high-pressure acid leaching HPAL plant and associated facilities including but not limited to sulfuric acid plant, dressing plant and tailings pond in Central Sulawesi, Indonesia, which will process laterite-nickel ore supplied by Vale Indonesia to produce mixed hydroxide precipitate MHP, an intermediate product containing nickel and cobalt, with a target production of 66,000 tonnes per annum, for a total capital expenditure of up to USD1.Asian Metal Copyright The two sides also plan to build cathode materials and precursor plants to meet soaring demand for nickel amid energy transition.

.Asian Metal Copyright The two sides also plan to build cathode materials and precursor plants to meet soaring demand for nickel amid energy transitionAsian Metal Copyright