![](https://www.mining.com/wp-content/uploads/2020/08/Chinas-CATL-is-developing-new-EV-battery-with-no-nickel-cobalt-exec-says.jpg)
DBS co-leads $625m finance deal in Indonesia battery metals project
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.