#Nickel producers eye #Indonesia to plug into EV battery market

Posted on September 14, 2018 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

By Fergus Jensen

JAKARTA, Sept 14 (Reuters) – Several global metals producers have set their sights on Indonesia’s nickel reserves to tap an expected surge in demand for the metal for electric vehicle batteries.

Sumitomo Metal Mining Co Ltd (SMM) said on Thursday that it and nickel miner PT Vale Indonesia are conducting a feasibility study to build a nickel processing project in Pomalaa, Southeast Sulawesi.