On November 24, wei-ming group signed a strategic cooperation framework agreement with Indigo and quasi common planning investment and development construction in Indonesia, annual output of 40000 tons of high grade nickel project and focus on developing low grade nickel ore and tailings utilization technology, the project total investment of about $400 million.
Wei-ming group plans to work through the project, combined with the company in energy and environmental protection equipment manufacturing advantage, increase the investment of new energy industry chain, to expand the layout of the company in the field of new energy.Once the project is released, the means of high grade nickel project in Indonesia to 40000, production capacity, so far, Indonesia's high grade nickel project is expected to put into production and nickel production totaled 300000 tons/year.
