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://nnw.fm/Ho4pB). “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 postponed? No, this will continue.” Thohir stated in the interview.
To view the full press release, visit http://nnw.fm/4jgOX
About Bolt Metals Corp.
Bolt Metals is a Canadian‐based exploration company focused on the acquisition and development of production-grade nickel and cobalt deposits, key raw-material inputs for the growing lithium‐ion battery industry. For more information, visit the company’s website at www.BoltMetals.com.
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