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Lygend |
China’s leading nickel producer, Lygend, has achieved its annual output target at its high-pressure acid leaching (HPAL) project in Indonesia on December 19, nearly 10 days ahead of schedule. The project, known as HPL, produced 65,000 tonnes (t) of nickel metal equivalent in mixed hydroxide precipitate (MHP)—exceeding its designed capacity of 55,000 t/yr.
Located at Lygend’s industrial park on Obi Island in Indonesia’s North Maluku province, the facility is divided into two phases with three production lines. Operations commenced in May 2021, and after reaching its designed capacity in November 2023, the plant has now surpassed expectations, reinforcing Indonesia’s role as a global nickel production hub.
Expanding Nickel Capacity Through ONC Project
Lygend is further expanding its HPAL nickel operations with its ONC project, which includes another three production lines on Obi Island. With this expansion, Lygend’s total HPAL nickel production capacity has now reached 120,000 t/yr, strengthening its position as a key supplier in the battery-grade nickel market.
MHP, a crucial feedstock for nickel sulphate production, is widely used in the nickel-cobalt-manganese (NCM) battery industry. On December 19, the assessed payable indicator for MHP remained stable at 81-82% of London Metal Exchange (LME) nickel cash official prices, as long-term contracts continued to dominate market activity.
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