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 Business

Pacific Rim featured in publication on Indonesia’s strategy to accelerate nickel supply

27th February, 2020

KUALA LUMPUR: Pacific Rim Cobalt Corp has been featured in an editorial published by NetworkNewsWire, titled ‘Indonesia Consolidates Nickel Production to Feed Growing EV Battery Market’.

With the Indonesian government providing support for nickel production and factories being established to process the chemicals, Indonesia won’t just be a source of nickel-bearing ore – it will become a major market for the base metal.

According to a statement, the Indonesian government’s ambitious plans for the country’s EV industry are matched by the ambition of the companies working in the region.

For Pacific Rim Cobalt Corp, this ambition is backed by its impressive exploration successes last year.

Testing on its wholly-owned site revealed significant nickel and cobalt mineralisation near the surface. These conclusions are based on several successful operations in the second half of 2019.

View the full publication at http://nnw.fm/9DkyR. –Bernama

   
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