ASX-listed Blackstone Minerals has inked a memorandum of understanding (MoU) with Korean battery cathode manufacturer Ecopro BM Co to partner on a downstream processing facility for Blackstone’s Ta Khoa nickel project, in Vietnam.
The two companies will work on an alliance to form a joint venture (JV) with the intention of developing a suitable nickel, cobalt or other battery mineral product for lithium-ion battery manufacturing, using ore from Ta Khoa.