09
Sep
17:49
Vale signs nickel project with Shandong Xinhai, Baowu
Vale Indonesia (INCO) has signed a $2.1 billion nickel investment agreement with Baowu Group's Taiyuan Iron & Steel Group (Tisco) and Shandong Xinhai Technology Company.
The investment is focused on building a nickel smelter at the Bahodopi nickel project, which will produce approximately 73,000-80,000 tonnes of nickel per year, Kallanish learns. The commissioning of the plant is due in 2025. The partnership may also potentia…
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Anonymous
Very good overview of the weekly steel market.
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