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On June 8, 2017, Tsingshan Group finalized and signed the cooperation agreement with Eramet Group to jointly exploit nickel ore in Weda Bay of Halmahera Island, marking a new chapter in Tsingshan’s overseas expansion.

Indonesia Weda Bay Industrial Park is the second industrial park set up by Tsingshan Group in Indonesia after Morowali Industrial Park . Located in Halmahera Island, Maluku Utara, Maluku Province, Indonesia, where there are (around 9.3 million ton) world-class nickel resources. The park plans to build ferronickel production line with pyrogenic process, auxiliary thermal power generation unit and a 50,000-ton wharf for dry, bulk and general cargos, as well as to develop an industrial cluster led by ferronickel industry chain.

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