
Indonesia Project
PT. Hengsheng New Energy Material IndonesiaPT. Hengsheng New Energy Material Indonesia
Founded in 2021 and headquartered in Sulawesi, Indonesia, the company works with CNGR and Huadi Group to develop the new energy industry, using the world's first oxygen-enriched side-blowing process.
Phase I began operating on August 28, 2023, with annual nickel metal capacity of 10,000 tonnes and an estimated annual output value of RMB 3 billion. Phase II has an estimated investment of RMB 10 billion and began construction in 2024. Supporting local employment and livelihoods, the project demonstrates Motu Holding's commitment as a global corporate citizen and has received recognition from the local government and community.
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