PT. Huayue Nickel Cobalt

Name

PT. Huayue Nickel Cobalt

Legal name

PT Huayue Nickel Cobalt Indonesia

Website

https://huayouindonesia.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Nickel-Cobalt Battery Materials Processing

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Nonferrous Metal (except Aluminum) Smelting and Refining (331410)

SIC

Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330), Industrial Inorganic Chemicals (2810)

akta.pro industry

PRIMARYIMAKAFAI

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYIMAKAFAB

Nickel Mining & Concentrates

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYEUAFABAA

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite)

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Battery Materials, Cells & Packs Manufacturing

Keywords

• Nickel-cobalt processing
• HPAL hydrometallurgy
• Battery cathode materials
• Ternary precursor materials
• Laterite nickel refining

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Nickel-Cobalt Hydroxide (MHP) Sales: Production and sale of Mixed Nickel-Cobalt Hydroxide (MHP), the key intermediate product for lithium-ion battery cathode materials. Part of the new energy battery supply chain serving EV manufacturers globally.
2. Ternary Precursor Production: Manufacturing ternary precursor intermediates (NCM/NCA) from nickel-cobalt for battery energy new materials, targeting the growing EV battery market in Asia and globally.
3. Cathode Materials: Production of cathode materials for lithium batteries, completing the vertical integration from raw ore to battery-ready materials.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

PT Huayue Nickel Cobalt processes laterite nickel ore using proprietary 3rd generation High-Pressure Acid Leach (HPAL) hydrometallurgical technology at the world's largest operational HPAL facility located in Indonesia. It produces nickel-cobalt hydroxide (MHP), ternary precursors, and cathode materials that feed the lithium-ion battery supply chain for global electric vehicle manufacturers. Operations extend across the Indonesia Pomalaa Industry Park (IPIP) and the IMIP industrial park, supported by an integrated network of HPAL and RKEF projects.

Product overview

PT. Huayue Nickel Cobalt operates as part of Huayou Indonesia (a subsidiary of Zhejiang Huayou Cobalt), providing nickel and cobalt processing services for the electric vehicle battery supply chain. The company operates multiple production lines including the Huayue Nickel Cobalt HPAL Project (the world's largest laterite nickel ore hydrometallurgical project), the Huafei Nickel Cobalt HPAL Project, and the Huake Nickel Indonesia RKEF Project. Together with the KNI HPAL Project and Sorowako Project (in partnership with Vale Indonesia), these projects form an integrated nickel-cobalt industrial chain producing intermediate materials including nickel-cobalt hydroxide (MHP), ternary precursors, and cathode materials for lithium batteries. The portfolio includes industrial parks, processing facilities, and finished battery material products.

Differentiator

Problem solved

Functional benefit

Products and services

• Huayue Nickel Cobalt HPAL Project The flagship 3rd generation HPAL hydrometallurgical facility processing laterite nickel ore into nickel-cobalt intermediates for the new energy vehicle battery industry. Currently the largest HPAL project in the world that has started production.
• Huafei Nickel Cobalt HPAL Project 4th generation HPAL facility that processes laterite nickel ore for battery material production, featuring short process flow, low energy consumption, and environmentally friendly operations. PT Huafei became the first smelter in Indonesia to undergo complete due diligence on the supply chain.
• Huake Nickel Indonesia RKEF Project RKEF (Rotary Kiln-Electric Furnace) and nickel pig iron (NPI) sulfidation facility that processes laterite nickel ore to produce ternary precursor intermediates for new energy battery materials.
• Nickel-Cobalt Hydroxide (MHP - Mixed Hydroxide Precipitate) Nickel-cobalt hydroxide precipitate produced from HPAL processing, serving as the key intermediate material for the lithium battery material supply chain and downstream cathode production.
• Ternary Precursors (NCM/NCA) Precursor materials for ternary (NCM/NCA) cathode materials used in lithium batteries for new energy vehicles, produced from nickel-cobalt intermediates.
• Cathode Materials Battery cathode materials produced for the lithium new energy vehicle battery industry, completing vertical integration from raw ore to battery-ready cathode material.

Quantifiable outcome

• World's fastest HPAL construction speed, lowest investment cost, and fastest production time
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered minor and core.

• XCMG Global Learning and Education CenterminorStrategic or Co-development Partner · 1 March 2026Strategic agreement signed to build talent development center in Indonesia, strengthening collaboration in heavy equipment operation and maintenance training.
• Politeknik Ujung Pandang IndonesiaminorStrategic or Co-development Partner · 1 November 2025Trilateral MoU with Quzhou Vocational and Technical College to launch 'Silk Road School of China-Indonesia', focusing on skilled talent training, teacher and student exchanges, and joint research.
• Quzhou Vocational and Technical CollegeminorStrategic or Co-development Partner · 1 November 2025Partner in trilateral cooperation with Politeknik Ujung Pandang Indonesia to establish 'Silk Road School of China-Indonesia' for vocational training exchanges.
• Universitas Negeri Sembilanbelas November (USN) KolakaminorStrategic or Co-development Partner · 4 September 2025Scholarship cooperation agreement signed September 4, 2025 to implement targeted training program providing financial support and vocational training for outstanding students.
• Universitas BrawijayaminorStrategic or Co-development Partner · 22 August 2025MoU signing for student internship, talent development, and social service programs. Second batch of 15 Mandarin language interns from Brawijaya University started at IPIP Park.
• Politeknik ATI MakassarminorStrategic or Co-development Partner · 1 August 2025Internship cooperation where 9 first-batch students undergo one-year practical nickel and cobalt smelting training at Huayue, promoting industry-education integration.
• Politeknik Industri Logam MorowaliminorStrategic or Co-development Partner · 1 August 2025Internship program cooperation: second batch of 9 interns completed in August 2025, third batch of 22 interns started August 21, 2025. One-year practical training program.
• SMK Negeri 2 SingkawangminorImplementation/ SI/ Consulting Partner · 1 June 2025Strategic cooperation agreement for internship program. First batch of 23 selected students signed LOI and started internships July 2025. School known for producing Mandarin-speaking talents.
• Universitas HasanuddinminorStrategic or Co-development Partner · 1 May 2025MoU signing for joint talent development and industry-academic integration, including metallurgy open day participation and student exchange programs.
• Vale IndonesiacoreStrategic or Co-development Partner · 1 December 2024Vale Indonesia participated in Huayou's 9th International Annual Conference in Quzhou, China, strengthening business partnerships and collaboration in sustainable development.
• ANTAMminorStrategic or Co-development Partner · 1 December 2024Indonesian mining company ANTAM joined Huayou Indonesia's business partner visit to China, exploring nickel processing and battery material supply chain opportunities.
• Vale Indonesia (PT Vale Indonesia Tbk)coreStrategic or Co-development Partner · 1 December 2024Vale Indonesia conducted EHS (Environment, Health, Safety) and ESG inspection and exchange visit to Huayue Nickel Cobalt facilities, including HPAL process area, DCS control room, and product filter press workshop.
• Northeastern University (NEU)coreStrategic or Co-development Partner · 1 September 2024Joint master's program in metallurgical engineering. Second cohort opening ceremony September 2024. Students from 100+ Indonesian universities interviewed and selected.
• Kementerian Koordinator Bidang Kemaritiman dan Investasi Republik IndonesiacoreStrategic or Co-development Partner · 25 October 2023Tripartite partnership for Indonesian Master's Program in Metallurgical Engineering with Northeastern University and Indonesian government, training Indonesian talent for the nickel processing industry.
• Ford Motor CompanycoreStrategic or Co-development Partner · 1 June 2023Huayou Cobalt, Vale Indonesia, and Ford Motor jointly announced cooperation to build a new lithium battery industry chain, supporting Ford's EV production localization in Indonesia.
• Vale IndonesiacoreStrategic or Co-development Partner · 13 November 2022At B20 Summit in Bali, Huayou Cobalt signed a Definitive Cooperation Agreement with Vale Indonesia for the Pomalaa HPAL Project processing Vale's nickel ore from Pomalaa Mining Area in Kolaka Regency, Southeast Sulawesi Province. This partnership is key to realizing Huayou's industry chain integration strategy in Indonesia.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• GEM Co. Chinese leader in battery recycling and a major nickel-cobalt precursor producer, with significant Indonesian HPAL exposure via QMB joint venture. Comparable in nickel-cobalt intermediates and precursor production with a recycling angle.

Broad incumbents

• POSCO Future M: South Korean battery materials leader producing precursors and cathode materials, with nickel-cobalt sourcing and processing operations. Comparable in cathode materials output but covers a broader downstream portfolio.

Direct peers

• Tsingshan Holding Group: Tsingshan is the world's largest stainless steel and nickel pig iron producer, operating the Morowali Industrial Park (IMIP) alongside Huayue and driving the Indonesian nickel laterite processing boom. Directly comparable in geography, nickel processing route (RKEF), and downstream battery materials ambitions.
• Nickel Industries Limited: ASX-listed nickel producer with major RKEF operations in Indonesia (Halmahera) in partnership with Chinese counterparties. Comparable in nickel pig iron/ferronickel production for the battery supply chain, though more focused on stainless steel/NPI markets.
• CNGR Advanced Material: CNGR is one of the world's largest nickel-cobalt intermediate (MHP) and precursor (NCM/NCA) producers, with major Indonesian HPAL operations through its joint ventures. Directly competes in the same nickel-cobalt-to-cathode materials value chain.
• Lygend Resources & Technology: Chinese-controlled producer operating the OBI Island HPAL project in Indonesia in partnership with Harita Group. Direct competitor in Indonesian HPAL nickel-cobalt MHP production targeting EV battery supply chains.
• QMB New Energy Materials (Qingmei): QMB is a joint venture between GEM, CATL-subsidiary Brunp, Tsingshan, and others producing nickel-cobalt intermediates via HPAL in Indonesia's IMIP. Direct competitor in HPAL nickel-cobalt production targeting the same battery materials value chain.
• Eramet (SLN/Eramet Indonesia): French mining group with nickel laterite operations globally and a major HPAL project in Indonesia (Weda Bay). Direct competitor in HPAL nickel processing for battery materials and a West-ern alternative to Chinese-controlled producers.
• Vale Indonesia (PT Vale Indonesia Tbk): Vale Indonesia is a major nickel laterite producer and a strategic partner of Huayue via the Pomalaa and Sorowako HPAL projects. Provides nickel ore feedstock and is integrated into the same value chain via joint HPAL operations.
• Zhejiang Huayou Cobalt (Parent): Listed parent company on Shanghai Stock Exchange (SSE: 603799) and the integrated Chinese cobalt/nickel cathode materials leader. Directly comparable in precursor and cathode material production, with Huayue Nickel Cobalt being the Indonesian production arm of the same vertical integration strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pt-huayue-nickel-cobalt

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT. Huayue Nickel Cobalt