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China's GEM eyes nickel, cobalt output from Indonesia by August 2020

Metal News - Published on Fri, 08 Nov 2019

Image Source: i-scmp.com
Reuters reported that Chinese battery firm GEM Co Ltd expects to start trial production at its Indonesian nickel and cobalt plant in August 2020. GEM's president and board chairman, Xu Kaihua, told reporters at a nickel and cobalt conference in China that the plant is expected to start full operation by the end of next year. The plant being built by GEM and its partners which include stainless steel and nickel maker Tsingshan, a unit of Contemporary Amperex Technology Ltd and Japanese trading house Hanwa Co Ltd is sited in Indonesia's Morowali Industrial Park and will be the country's first to produce chemicals for use in batteries for electric vehicles.

The plant will have the capacity to treat 50,000 tonnes a year of nickel raw material, to produce 20,000 tonnes of mixed hydroxide precipitate and 30,000 tonnes of nickel sulphate. Production will come online in phases, with 30,000 tonnes a year of production by end-2020, and 20,000 tonnes of annual output added the following year

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Posted By : Rabi Wangkhem on Fri, 08 Nov 2019
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