Gem Co.Ltd(002340) said on the interactive platform that the company’s nickel resource project is being promoted as planned. The main key equipment was officially shipped to Indonesia and installed in mid May 2021. The Indonesian nickel resource project has shifted from the infrastructure stage to the rapid construction stage of equipment installation. All procedures of the project have been approved by the Indonesian government. At present, the construction of the project is progressing smoothly. It is planned to be put into operation in the first half of this year, and the expected income is good, which can meet the strategic needs of the company’s precursor material development for nickel resources.
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