Home / Directory / List News / Detail News

Vale Indonesia expects to complete nickel HPAL plant by 2025

www.mining.com

Wed 30 Nov 2022, 09:00 AM

Share

Events

Indonesian nickel miner PT Vale Indonesia expects to complete construction by 2025 of a high-pressure acid leaching plant to produce nickel minerals used in electric vehicle (EV) batteries, its director said on Monday.

Vale on Sunday broke ground on the plant, which is expected to have a production capacity of 120,000 tonnes of nickel in mixed hydroxide precipitate per year, making it the biggest in the world yet.

“Construction is estimated to be completed at the end of 2025,” said Vale Indonesia director Bernardus Irmanto.

Vale worked with Zhejiang Huayou Cobalt to build the plant in the nickel-rich Pomalaa region in Indonesia’s Sulawesi island, with a total investment of 67.5 trillion rupiah ($4.29 billion), Vale CEO Febriany Eddy said on Sunday.

Under the agreement, Huayou will develop the Pomalaa project in Southeast Sulawesi and Vale will have rights to acquire up to 30% stake in the project, Vale said previously, adding that it would supply nickel ore for the project.

Indonesia has ambitions to build a homegrown EV industry.

Image source: PT Vale Indonesia

Source: https://www.mining.com/web/vale-indonesia-expects-to-complete-nickel-hpal-plant-by-2025/

Advertisement

Relate News

News
25 Jul 2022, 07:02 AM

IDR 6 Trillion Nickel Smelter Build by Chinese Investors in Tanah Bumbu Special Economic Zone

www.bisnis.tempo.co
5946 Views
News
20 May 2022, 15:22 PM

Minister Confirms Indonesia Will Stop Exporting Tin, Bauxite This Year

www.en.tempo.co
4134 Views
News
22 Apr 2022, 08:02 AM

Baru Gold Provides Update on Community Relations on Sangihe Island and Legal Victory for Indonesian ...

www.juniorminingnetwork.com
3207 Views
News
31 Jul 2024, 11:00 AM

Nickel Industries Limited Takes Home IDX Channel Anugerah ESG 2024 Award

MNC media
2167 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.