The automaker joins PT Vale Indonesia and Zhejiang Huayou Cobalt as investors in a project to make an annual 120,000 tons of nickel chemicals for EV batteries.
Officials from state company Enami met with authorities and company representatives in China last month to discuss a $1.4 billion project to overhaul Enami’s smelter.
Geothermal waters in the Rhine Valley along the French-German border have attracted investments both for renewable energy and potential lithium resources.
