CNGR & ANTAM sign framework agreement for construction of nickel industrial park in Indonesia
Time:Thu, 17 Nov 2022 08:55:48 +0800
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On November 16, 2022, China’s CNGR Hong Kong Material Science & Technology Co., Ltd., (CNGR) signed a framework agreement with Indonesian state-owned mining company PT Aneka Tambang Tbk (ANTAM) for the construction and development of a nickel industrial park in Indonesia.
CNGR will invest in the production of nickel matte with an annual capacity of 80,000 tons in the park managed by ANTAM subsidiary PT Kawasan Industri Antam Timur. The facility was expected to start operations in 2025.
