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Indonesian Sovereign Wealth Fund Danantara and GEM Sign $1.42 Billion Nickel Project Agreement
2025-08-28 /
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Author：小编
The Indonesian sovereign wealth fund, Danantara, and GEM have inked a letter of intent to collaboratively establish a high-pressure acid leaching (HPAL) smelting facility. This ambitious project, valued at approximately $1.42 billion, aims to produce 66,000 tons of mixed nickel hydroxide precipitate annually.
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