The project would have a potential production capacity of 120,000 tonnes of nickel per year
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JAKARTA - Nikel miner PT Vale Indonesia said on Thursday it has signed a framework agreement with Zhejiang Huayou Cobalt to build a plant Pomalaa in Indonesia to produce nickel minerals used in electric vehicle batteries.
The project would have a potential production capacity of 120,000 tonnes of nickel per year, Vale said in a statement. (Reporting by Fransiska Nangoy; Editing by Martin Petty)
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