Top iron ore producer forecasts 50% fall in price; Vital Metals to become Canada’s first rare earths miner; Vale sells New Caledonia nickel assets to Trafigura
The project by PT Halmahera Persada Lygend (PT HPAL) is expected to be the first smelter in Indonesia to use high-pressure acid leach (HPAL) technology to produce nickel and cobalt chemicals.
Company is scouting for locations to set up a new copper smelter in India as its plant in the southern state of Tamil Nadu has remained shuttered for close to three years.