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.
Indonesia expected to obtain raw material investment for battery production, including aluminum
1 Jun 2023 15:55 reported by Hayley
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