PT Halmahera Persada Lygend ("HPL") is an associate of the Company engaged in the non-ferrous base metal manufacturing industry in South Halmahera Regency, North Maluku Province. HPL has 3 production lines that produce Mixed Hydroxide Precipitate (MHP) products as well as its advanced products, namely nickel sulfate and cobalt sulfate and as a derivative product of nickel ore, which is the raw material used in the manufacturing of electric vehicles batteries.
The Company's share ownership in HPL is 45.1%.
PT Obi Nickel Cobalt ("ONC") is an associate of the Company engaged in the non-ferrous base metal manufacturing industry in South Halmahera Regency, North Maluku Province. ONC has 3 production lines that produce Mixed Hydroxide Precipitate (MHP) products.
The Company's share ownership in ONC is 10%.
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