HomeNon-ferrous MetalsOres & alloysBulk ores & alloysFerro-nickel China’s Huayou plans $200.4 million acquisition to boost nickel capacity in new energy China’s battery material producer Zhejiang Huayou Cobalt is planning to pay $200.4 million for Perlux Limited's nickel assets in a bid to boost the metal's usage in the new energy sector as the global electric vehicle (EV) market grows. Huayou International Mining, a wholly owned subsidiary of Huayou, will hold 50.1% shares of the Andalan Metal Industry (AMI) after the sale. AMI is a nickel ore processor under Perlux,... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Yiwen Ju July 27, 2023 07:40 GMT Singapore Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
