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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. This agreement is the continuation of PT Vale Indonesia’s Pomalaa Block ground-breaking last November.

Indonesia 259
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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. Copper mining and production.

Indonesia 418
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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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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. billion plan in Morowali, Indonesia and seeks investors like Tesla or Panasonic—companies with a strong presence in the EV industry. Indonesia is still communicating with Tesla.

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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. This level of production made the country the world’s second-largest nickel producer behind China.

Indonesia 207
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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.

Indonesia 170
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Pertamina to use Honeywell UOP technologies to produce advanced biofuels in Indonesia

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PT Pertamina (Persero)—the national oil company of Indonesia—will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. UOP will provide technology licenses, basic engineering, specialty equipment, catalysts and training for the two projects in Indonesia.

Indonesia 243