💨 Abstract

Indonesian nickel company PT Merdeka Battery Materials has announced plans to build a $1.8 billion high-pressure acid leach (HPAL) plant to produce nickel materials for electric vehicle batteries. The plant, with a capacity of 90,000 metric tons per year, is expected to be operational within 18 months, following the start of construction in January.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖