The "OBI Island nickel cobalt smelting project" project is located in the South hamhera County of North matu Gu Province, Indonesia. The total budget of the project is 700 million US dollars. The project uses the rich laterite nickel resources and mature wet smelting technology of Indonesia OBI island to construct and operate the high pressure acid leaching (HPAL) nickel cobalt smelting plant and ancillary facilities, and has the capacity to produce about 240 thousand tons of nickel cobalt intermediate products annually after commissioning.
In December 2018, the company signed the OBI Island 2 * 500Kt sulphur burning sulphuric acid project, of which the civil engineering contract amount is 28 million 690 thousand, the installation 46 million, and the contract duration 17 months.
