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Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

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PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP.

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Foxconn to develop battery manufacturing and EV ecosystem in Indonesia

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Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to develop jointly a battery manufacturing and electric vehicle ecosystem in Indonesia.

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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. trillion under the NZS.

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Chiyoda lands $2.7B contract for new copper smelter in Indonesia

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billion engineering, procurement and construction (EPC) contract by PT Freeport Indonesia (PTFI)—a mineral mining company affiliate of US-based Freeport-McMoRan (FCX) and MIND ID Indonesia’s Mining Industry—for a copper smelter in Gresik, East Java, Indonesia. Japan-based Chiyoda Corporation has been awarded a $2.7-billion

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Benchmark: Indonesia could become major cobalt producer; forecasts 30x boost

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Indonesia is both the world’s largest nickel producer and the country with the biggest nickel reserves. Most of Indonesia’s nickel output is currently Class 2 nickel , a low-purity type used for stainless steel. This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo.

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Continental extends commitment to sustainability in natural rubber supply chain in Indonesia

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The tire manufacturer and the German Federal Ministry for Economic Cooperation and Development (BMZ) have agreed on a significant expansion of their project to ensure full traceability of the natural rubber supply chain in the Indonesian province of West Kalimantan in Borneo.

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Hyundai Motor Group and LG Energy Solution begin construction of EV battery cell plant in Indonesia; 10 GWh to start

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Hyundai Motor Group and LG Energy Solution have begun construction of an electric vehicle (EV) battery cell plant in Indonesia to secure leadership in the global battery electric vehicle (BEV) market. Furthermore, we expect Indonesia to play a key role in the ASEAN EV market. The plant is a part of these efforts.

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