Huayue Nickel Cobalt Corp (Huayue) planned to develop Indonesia Laterite Nickel Ore Wet Smelting Project in Morowali, Central Sulawesi, Indonesia. Huayue was originally a joint venture of Huaqing Nickel & Cobalt Co Ltd (Huaqing) (58%), Tsing Creation International Holding Ltd (Tsing Creation) (20%), W-Source Holding Ltd (W-Source) (11%), Indonesia Morowali Industrial Park Corp (IMIP) (10%), and Long Sincere Holdings Ltd (Long Sincere) (1%). China National Chemical Engineering Sixth Construction Co Ltd was the construction contractor. CINF Engineering Corp Ltd and CISDI were consultants. The project covered the construction of a Laterite Nickel Mine Wet Smelting Facility that was expected to produce mixed nickel hydroxide cobalt of 60000 ton/year, and a tailings pond that could handle tail clay of 1317 multiply 104t/a. The project would help Indonesia to improve the capacity of producing battery raw materials. It also promoted cooperation between China and Indonesia in the Belt and Road Initiative.