M&A

Yet more growth on the cards for Nickel Industries

CHINA aligned nickel growth stock Nickel Industries has signed an ore supply deal that it claims could generate it additional revenue of more than US$1.5 billion over the next 20 years, and has flagged the possibility of having "equity participation" in a high pressure acid leach plant recently being commissioned in the Indonesia Morowali Industrial Park.

 IMIP, Indonesia

IMIP, Indonesia

Both ventures involve a company called PT QMB New Energy Materials, a "new energy material company" 83%-owned by Chinese firms. QMB recently started commissioning its 73,000t per annum HPAL plant in...

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