Author: Lalita
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China’s Baowu Group partnering with Vale for Indonesian nickel project
The world’s leading steelmaker, China’s Baowu Steel Group has entered into an agreement to collectively invest for a nickel pig iron (NPI) project in Indonesia with Brazilian iron ore major Vale and China’s Xinhai Technology, as per latest reports. Baowu, the parent company of China’s second biggest stainless steelmaker, Tisco, will first establish a Chinese…