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PT Huayue Nickel Cobalt (HNC) operates a High-Pressure Acid Leaching (HPAL) plant inside the Indonesia Morowali Industrial Park (IMIP) on Sulawesi, converting Indonesian laterite nickel ore into mixed hydroxide precipitate (MHP), an intermediate feedstock for battery precursor/cathode-active-material (pCAM/CAM) production.
5 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 984 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
Chengxin's 2026 H1 report (p.32): purchases of sulfuric acid (硫酸, a processing reagent, not a lithium feedstock) from PT. Huayue Nickel Cobalt, an Indonesian subsidiary of Huayou Holding Group, RMB 39,027,300 (含税) in H1-2026, 0.75% of same-type related-party transactions. Material corrected to sulfur (sulfuric acid is the traded reagent), not lithium; the source names no plant-to-plant route, so no corridor is credited.
Indonesia-based nickel-cobalt intermediate producer carried as a CMOC associate (联营企业, filing note (五)11 — equity stake not quantified in the pages read). Purchases of product from it: RMB 1,978,366,890.03 in FY2025 (RMB 2,004,273,322.36 in FY2024, roughly flat, -1.3%). No % of total procurement disclosed.
FY2024 comparative from the same FY2025 filing: RMB 2,004,273,322.36 in purchases of product from Huayue Nickel Cobalt.
H1-2026 interim report: purchases of product from Huayue Nickel Cobalt RMB 1,851,789,010.11, up from RMB 1,363,653,100.27 in the H1-2025 comparative (+35.8%).
H1-2025 comparative column of the same H1-2026 interim report: RMB 1,363,653,100.27 in purchases of product from Huayue Nickel Cobalt.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 2 of its 2 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is coverage-limited.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.