QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Indonesia’s Continued Pursuit to Become EV Battery Production Hub
Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), a Canadian‐based exploration company, today announced that Indonesia is continuing its pursuit of plans to build several factories for production of battery-grade nickel chemicals for electric vehicles (“EVs”) with priority use of in-country nickel resources despite COVID-19 related challenges. In a recent interview published by Antara, State-Owned Enterprises Minister Erick Thohir explained that national strategic projects, including those to generate batteries for EVs, will persist (http://ibn.fm/2X0Z2). “This project to produce batteries is a long-term one. If we were to build it in four years, it would become a reality. Will it be…