[Special Stock] Dynamic Design Signs MOU with Korea Mine Reclamation Corporation and Indonesian Nickel Association... Nickel Business Spotlighted↑

Dynamic Design is showing strong performance. This is interpreted as being influenced by the news that the Korea Mine Reclamation Corporation signed a memorandum of understanding for cooperation with the Indonesian Nickel Association.

As of 9:46 AM on the 15th, Dynamic Design is trading at 4,835 KRW, up 2.65% compared to the previous day.

The Korea Mine Reclamation Corporation signed a memorandum of understanding for entry into and cooperation on critical minerals with the Indonesian Nickel Association at the Korea-Indonesia Business Round Table held last week in Jakarta, Indonesia. The Corporation visited Indonesia as part of a government economic delegation for five days starting from the 5th.

This agreement is a follow-up to the memorandum of understanding signed in November last year, and the two organizations have agreed to further strengthen business matching in critical mineral projects through advanced cooperation. So far, the Corporation has supported private companies' investment and entry into Indonesia through local company meetings and seminars, and it is expected that more active support will be possible in various ways in the future.

Indonesia holds the world's largest reserves of nickel, a key raw material for electric vehicle batteries, and accounts for more than 35% of global nickel production, attracting significant interest from global electric vehicle industry companies.

Dynamic Design has entered Indonesia and is building a tire molding factory. Recently, it announced that it secured a partial stake in PT.BNP, which owns a mine in Sulawesi estimated to have reserves of 170 million tons over approximately 5.95 million pyeong. The mine has already obtained the IUP-OP (mining license) and completed the AMDAL (environmental impact assessment), making it ready for mining and sales immediately after infrastructure improvements.