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Home / Metal News / Ford Joins Vale and Huayou Cobalt to Invest 4.5 Billion HPAL Nickel Processing Project in Indonesia

Ford Joins Vale and Huayou Cobalt to Invest 4.5 Billion HPAL Nickel Processing Project in Indonesia

Mar 31, 2023 09:37

Source:财联社

On Thursday (March 30) local time, American automaker Ford Motor announced on its official website that it had reached a final agreement with Vale Indonesia and Zhejiang Huayou Cobalt Co., Ltd. to become new partners in the Indonesian nickel processing project.

On Thursday (March 30) local time, American automaker Ford Motor announced on its official website that it had reached a final agreement with Vale Indonesia and Zhejiang Huayou Cobalt Co., Ltd. to become new partners in the Indonesian nickel processing project.

All three companies will make equity investments in the high-pressure acid leaching (HPAL) project at the Pomalaa mine, according to a Ford press release.

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