Sasol abandons plans for Indonesian coal to liquids project

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.

Critical minerals are central to BC’s economic vision, with demand for lithium expected to grow sixfold by 2030 and copper demand projected to double by 2050.

The new facility has the capacity to recycle up to 9,000 tonnes of palm kernel shells annually, producing up to 3,000 tonnes of graphite per year.