Pacific Rim Factory for Indonesian EV Battery

Summary

Pacific Rim Cobalt Corp announced that the Ombudsman had given the company a clearance to register the license of the Nickel-Cobalt Cyclops project to the Energy and Mineral Resources Ministry’s Directorate General of Mineral and Coal. In a corporate statement on Tuesday (2/18), the CEO of Pacific Rim Cobalt, Ranjeet Sundher, disclosed that the clearance from Ombudsman motivated the company to focus on the Indonesian market.

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