Charged by China’s Batteries
Tuesday, January 29, 2019
Global players are flocking to Indonesia for nickel and cobalt. Aneka Tambang’s chance to form a joint-venture in nickel downstream returns. Opportunity knocks for Indonesia to join the global market for electric car batteries.
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In January, the coast of Morowali Regency in Cental Sulawesi suddenly became a miniature for the global electric car industry. On January 11, a global joint venture held the groundbreaking ceremony for a nickel and cobalt production facility at the Indonesia Morowali Industrial Park (IMIP). The two compounds are the main raw materials to make electric car batteries’ cathode. “The factory is just the beginning. There will be a sec
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