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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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Benchmark Minerals: Indonesia set for five-fold increase in battery nickel supply

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Supply of nickel intermediate MHP from Indonesia for batteries is set to rise five-fold this year, according to Benchmark Minerals’ Nickel Forecast. Huayue Nickel Cobalt is a significant strategic project to build an integrated industrial chain of new-energy lithium battery materials.

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

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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. By then, the combined share of renewables in electricity supply reaches 74%. trillion under the NZS.

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State-owned Indonesia Battery Holding to help build integrated EV industry in Indonesia; role of nickel

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In Indonesia, state miners MIND ID (Mining Industry Indonesia) and Aneka Tambang (ANTAM); state utility Perusahan Listrik Negara (PLN); and state oil company Pertamina have agreed to form a new venture: Indonesia Battery Holding.

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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.

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Tesla visits nickel plant in Indonesia for potential investment

Teslarati

Nickel Industries from down under has invited Tesla, Panasonic, Northvolt, and other automakers and battery suppliers to invest in its facilities in Indonesia. The Australian company plans to expand into the high-purity nickel industry in the electric vehicle (EV) industry. Nickel Industries aims to build a $2.3

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Roskill: Indonesia to overtake China as top refined nickel producer this year

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Materials supply chain intelligence company Roskill expects Indonesia to become the world’s largest producer of refined nickel this year, pushing China to second place. As recently as 2014, Indonesia produced only 24kt of refined nickel. The Lygend plant will be the first HPAL plant in Indonesia.

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