Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
News & Views
The Drill Bit
The Future
Trade & Demand


Is Indonesian nickel plant timing viable?

Posted on - 10 May 2019

Category - News & Views

Tsingshan Group, partnering with GEM Co. Ltd (SHE:002340), updated the market on its planned nickel HPAL project, being built in Indonesia. The US$700m HPAL plant is targeted to produce 131Ktpa of nickel sulphate, 13Ktpa of cobalt sulphate and 27Ktpa of manganese sulphate and is planned to start production in 16-18 months. However, the project has still not received an environmental permit and such applications generally take at least eight months to complete. News since then has suggested that the plant might be smaller, cost more and be delayed by up to two years. Good news for nickel prices.

Login to read full article


Batteries HPAL Nickel Tsingshan