On September 4, CK Resources (02245.HK) issued an announcement regarding the disclosure of the HPAL project of the Obi project located in Obi Island, Indonesia. The ONC project of the company's HPAL project phase three has reached its design capacity on September 2, 2024.
The HPAL project, jointly invested by the company and its Indonesian partner in Obi Island, Indonesia, consists of three phases. The third phase operated by ONC has three production lines, with a total annual design capacity of 65,000 metric tons of nickel-cobalt compounds / nickel sulfate.