Indonesia expected to obtain raw material investment for battery production, including aluminum
Time:Fri, 02 Jun 2023 09:00:07 +0800
keywords :
Nickel is one of the major components of electric vehicle batteries. Indonesia has a significant supply of nickel. Under this situation, the Indonesian government decided to focus on battery production.
Last week, Indonesian officials said they would invest up to US$31.9 billion in aluminum and other raw materials to build the domestic battery supply chain. The government said that they will also protect the environment during the construction.
