EcoPro recently agreed to invest a total of $86 million in an Indonesian nickel processing plant to expand its nickel supply chain. The nickel processing plant is operated by Chinese Green Eco Manufacturing Limited (GEM), located in the industrial park of Sulawesi Island, Indonesia. This is the second phase of investment by EcoPro in the Indonesian factory QMB. The company plans to expand its nickel supply chain through this additional investment. However, EcoPro did not disclose the specific figures of the two phases of investment. In addition, EcoPro also stated that this additional investment will increase the amount of nickel obtained from QMB.