BASF and Eramet Abandon Plans for Nickel-Cobalt Refinery Complex in Indonesia
German chemicals giant BASF and French mineral recovery and processing company Eramet have decided to shelve their plans to invest in a nickel-cobalt refinery complex in Indonesia for electric vehicle batteries. BASF announced the discontinuation of all ongoing evaluation and negotiation activities for the Weda Bay project. The companies had been considering a $2.6 billion … Continue reading BASF and Eramet Abandon Plans for Nickel-Cobalt Refinery Complex in Indonesia
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