Zhongwei Co., Ltd.: subsidiary signed joint venture agreement for laterite nickel smelting project with an annual output of 30,000 tons of nickel-containing metal (Indonesia)

Apr 9, 2021 08:04

Source:Mandarin Finance and Economics

[Zhongwei Co., Ltd.: subsidiary signs joint venture agreement for laterite nickel smelting 30,000 tons of high matte nickel metal (Indonesia) project] Zhongwei Co., Ltd. announced on Thursday that the wholly owned subsidiary Zhongwei Hong Kong New Energy and RIGQUEZA signed a joint venture agreement for laterite nickel smelting 30,000 tons of high matte nickel metal (Indonesia) project. The total investment of the project is about US $243 million, of which the first phase of the project plans to produce 10,000 tons of high matte nickel metal annually. The total investment is about 81 million US dollars.

Zhongwei announced on Thursday that Zhongwei Hong Kong New Energy, a wholly-owned subsidiary, signed a joint venture agreement with RIGQUEZA for a laterite nickel smelting project with an annual production capacity of 30,000 tons of high nickel-containing nickel (Indonesia). The total investment of the project is about US $243 million, of which the first phase of the project plans to produce 10, 000 tons of high-nickel-containing metal per year, with a total investment of about US $81 million.

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Zhongwei Co., Ltd.: subsidiary signed joint venture agreement for laterite nickel smelting project with an annual output of 30,000 tons of nickel-containing metal (Indonesia)

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