JAKARTA (Bloomberg):- President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans for a cathode plant.
Indonesian state miner Aneka Tambang, Indonesia Battery Corporation and a consortium led by South Korea’s LG Energy Solution Ltd. are building the facility as part of a US$9.8 billion "grand package” to build battery production onshore, according to a statement by Indonesia’s investment ministry on Thursday (Aug 3).
