14
Jan
08:10
Tsingshan starts Indonesia battery materials plant construction
The nickel cobalt compounds plant jointly invested by China's Tsingshan Industrial, GEM, CATL and Hanwa, has begun construction. It is located in the China-Indonesia Comprehensive Industrial Park in Central Sulawesi Province, Indonesia. This project will be used to produce high-purity nickel cobalt compounds for rechargeable batteries.
GEM and Tsingshan are the main investors of this project, with shareholdings of 36% and 31% respect…
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