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28 Aug

Huayou, Vale sign definitive agreement for Sorowako HPAL project

Shanghai-listed Huayou Cobalt and PT Vale Indonesia have recently signed the definitive cooperation agreement for their Sorowako high-pressure acid leaching (HPAL) project in Indonesia, Kallanish learns from the companies. The signing further defines the respective rights and responsibilities the parties hold within the project, Huayou says, adding the specific production capacity target and investment amount are yet to be set. The parties will negotiate term…
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