摘要
Huayou Cobalt,a Chinese new energy material manufacturer,and Vale,the biggest global iron ore manufacturer,announced that the two Companies has once again achieved a new Joint Venture plan,right after their co-investing MHP project(with an annual capacity of 120000 tons)five months ago.They plan to invest in a new project of the same type in Indonesia with an annual capacity of 60000 tons,and probably this new project will be expanded in the future.