GEM's Indonesian plant seen starting trial production in Aug 2020

Hanwa

05/11/2019 02:35

Yichang, CHINA, Nov 5 (Reuters) - Chinese battery firm GEM
Co Ltd  002340.SZ  expects to start trial production at its
Indonesian nickel and cobalt plant in August 2020, the company's
president said on Tuesday.
    The plant is expected to start operating fully by end-2020,
GEM's president and board chairman, Xu Kaihua, told reporters on
the sidelines of a nickel and cobalt conference in China.
    GEM and its partners, which include stainless steel and
nickel maker Tsingshan, a unit of Contemporary Amperex
Technology Ltd  300750.SZ  and Japanese trading house Hanwa Co
Ltd  8078.T , are building the plant in Indonesia's Morowali
Industrial Park to make chemicals used in batteries for electric
vehicles. 

 (Reporting by Tom Daly in Yichang, CHINA
Writing by Mai Nguyen; Editing by Himani Sarkar)
 ((mai.nguyen@thomsonreuters.com; +6568703518; Reuters
Messaging: mai.nguyen.thomsonreuters.com@reuters.net))