Jin Rong Shi Bao·2025-08-19 00:58Group 1 - The project involves China Export & Credit Insurance Corporation (China Export Credit Insurance) providing overseas investment insurance policies for a nickel and cobalt wet metallurgy project in Indonesia, jointly invested by Huayou Cobalt Co., Ltd. and EVE Energy Co., Ltd., with a loan amount of 8.4 billion RMB [1] - This project is the second laterite nickel ore wet metallurgy project developed by Huayou Cobalt in Indonesia, utilizing advanced High-Pressure Acid Leaching (HPAL) technology, with an annual production capacity of 120,000 tons of nickel and 15,000 tons of cobalt, making it the largest laterite nickel ore wet metallurgy project globally [1] - The completion of the project is expected to promote the development of China's new energy power battery industry chain and has significant implications for the socio-economic development of Indonesia [1]