New Energy / Project Profile
New Energy Materials in Indonesia
PT. Hengsheng New Energy Material Indonesia was founded in 2021 and is headquartered in Sulawesi, Indonesia. Working with CNGR and Huadi Group, the company focuses on developing the new energy industry.
The project uses the world's first oxygen-enriched side-blowing process, bringing new momentum to the new energy industry.
Project Development
The Phase I project, with annual nickel metal capacity of 10,000 tonnes, began operating on August 28, 2023, with an estimated annual output value of RMB 3 billion.
Phase II has an estimated investment of RMB 10 billion and began construction in 2024. The project supports local employment and livelihoods and has received recognition from the local government and community.
Development Priorities
We strengthen industrial cooperation and overall project value through stable, long-term operations.
Improve production efficiency and stability through advanced processes.
Steadily advance Phase I operations and Phase II development.
Connect resources, materials and industrial partners.
Support local employment and related industries.
