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US Senator Rubio seeks probe of Ford's Chinese partnership on nickel plant

May 3, 2023
Source: reuters.com reuters.com
News Snapshot:
May 3 (Reuters) - U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co's (F.N) plan to partner with PT Vale Indonesia (INCO.JK) and China's Zhejiang Huayou Cobalt in a $4.5 billion nickel processing plant in Indonesia. Rubio, who is the top Republican on the Senate Intelligence Committee, said the venture threatens U.S. national security and asked the Justice, State, Treasury, Commerce, Homeland Security departments as well as the Securities and Exchange Commission to investigate the plan. Ford had no immediate comment. Rubio's letter to Secretary of State Antony Blinken cited Huayou calling the project...
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