Capital costs for PT Halmahera Persada Lygend on Obi Island, North Maluku, Huayue Nickel & Cobalt (HNC) and PT QMB New Materials, both located in Morowali, Central Sulawesi have all come in under US$1.5B for ca. 50 t/a Ni-in-MHP. To put this into context, the average for Indonesia has been ca. US$30-35,000 per annual tonne of nickel, …