---
title: "Lygend Resources Forms Joint Venture to Build HPAL Smelting Slag Plant on Obi Island"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273715713.md"
datetime: "2026-01-26T14:30:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273715713.md)
  - [en](https://longbridge.com/en/news/273715713.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273715713.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273715713.md) | [繁體中文](https://longbridge.com/zh-HK/news/273715713.md)


# Lygend Resources Forms Joint Venture to Build HPAL Smelting Slag Plant on Obi Island

Lygend Resources & Technology Co. Ltd. has entered into a joint venture agreement, known as the BJL Shareholders Agreement, to establish and operate a HPAL smelting slag treatment plant on Obi Island. The project aims to treat 1,340,000 metric tons of HPAL smelting slags annually and will include a slag warehouse and other ancillary facilities. The collaboration was formed to meet Indonesian legal requirements and is fully exempt from certain reporting and approval obligations under the Hong Kong Listing Rules. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lygend Resources & Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260126-12001617), on January 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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