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SHANGHAI, Jun. 19 (SMM) – Chinese nickel ore traders and NPI producers are becoming high enthusiasm in building NPI plants overseas after Indonesia introduced the ore export ban. However, the fact of high investment costs and long building period for overseas projects should be highly watched, Shanghai Metals Market understands.
It was reported on June 17 that China's Zhejiang Baoli Mining signed an agreement with PT Cakra Mineral Tbk to build a ferronickel smelter in Indonesia.
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