Iron-rich volcanoes may hold vast rare earth reserves, study finds
Rare earth element concentrations could be nearly 200 times higher than those found in silicate-rich melts.
Indonesia’s state miner PT Aneka Tambang Tbk and Chinese precursor manufacturer CNGR Advanced Material Co. Ltd. signed a framework agreement to build a nickel industrial park in Indonesia, the companies said on Wednesday.
CNGR will invest in a facility to produce nickel matte with installed capacity of 80,000 tonnes in a park managed by Antam’s unit PT Kawasan Industri Antam Timur, which is expected to start operations in 2025.
(By Stefanno Sulaiman and Bernadette Christina; Editing by Martin Petty)
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