Danantara will invest in Indonesia in Vale-Gem $ 1.4 billion nickel project in Indonesia


Holding for the wealth of holding, And between IndonesiaHe agreed to invest in Nickel Billion Dollars developed by a Chinese Maker of Gem and Brazilian miners in Central Sulawes in East Indonesia.

The new high-pressure smelter will produce 66,000 tons of nickel in mixed hydroxide every year when it ended, using nickel ore with Vale Indonesia.

“By joining the forces with a global pioneer in green metallurgy, we progress down the agenda of the country, and the provision of sustainability and innovation remain at the forehead,” Rosan Roeslani, General Manager of Danantara Indonesia said.

Danantara invests in Indonesian Nickel Industry, the largest Donic supplier of raw materials used to make batteries for electric vehicles, because the fund wants to collect 50 trillion rupees ($ 3 billion) by selling so-called Patriot bonds.

Since its founding earlier this year, Danantar provided funding for the National Airline Garuda and invested in a billionaire Pacific Pangesto Chandra Asra Pacific from 800 million chemical plant project near Jakarta.



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