The previous owners completed a detailed engineering study for an in-country nickel smelter. Let's not forget the project pre-dates BSX. The advantage of a hydromet plant over a conventional smelter is it's green credentials which is attractive to the EV crowd not just but including Tesla.
https://www.globenewswire.com/news-release/2017/10/19/1150615/0/en/AMR-Launches-Strategic-Review-for-Ban-Phuc-Nickel-Mine-in-Vietnam.html
Ann: Blackstone Commences Drilling Ban Khoa Nickel-Cu-PGE Target, page-40
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