9,338.58 TRY BIST 100 BIST 100
37.98 USD USD USD
5.22 CNY CNY CNY
43.12 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
47.49 TRY Interest Interest
63.88 USD Fossil Oil Fossil Oil
31.27 USD Silver Silver
4.43 USD Copper Copper
99.89 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,908.79 TRY Gold (gr) Gold (gr)

South Korean EcoPro will invest in nickel processing plant in Indonesia

South Korea's EcoPro has agreed to invest an additional $86 million in a nickel processing plant in Indonesia to expand its nickel supply chain.

South Korean EcoPro will invest in nickel processing plant in Indonesia

Located within an industrial complex on Sulawesi Island, this nickel processing plant is operated by China's Green Environmental Manufacturing (GEM).

This is the second phase of Ecopro's investment in QMB, an Indonesian subsidiary of GEM. Specific financial details regarding these two investment phases were not disclosed by Ecopro due to a confidentiality agreement.

The second round of investment will provide QMB with the necessary infrastructure to increase annual nickel production from the current production capacity of 30,000 tonnes to 50,000 tonnes.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Impact of global trade policies on the construction and steel sectors in the Middle East

Friday, April 11, 2025

Impact of the US-China trade war on the iron and steel industry

Thursday, April 10, 2025

EU quotas are running out fast! Stagnant demand for flat and long products

Friday, April 11, 2025

China raises tariff to 125%

Friday, April 11, 2025

Emergency meeting in Parliament for British Steel

Friday, April 11, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now