As Indonesia Looks to Expand Nickel Production, Companies Involved in Process Stand to See Substantial Benefit
NetworkNewsWire Editorial Coverage: As the electric vehicle market sees impressive growth, the demand for nickel is also rising. Indonesia, which boasts 25% of the world’s nickel resources, is looking for ways to profit from the valuable base metal. As Indonesia benefits from the growing market, so do the companies involved in the production of nickel, including Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) (PCRCF Profile). Pacific Rim Cobalt has established a bold expansion plan following a successful exploration and development season in Indonesia last year. Other companies with interest in nickel production include BHP Group (NYSE: BHP),…