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Aneka Tambang sells shares of subsidiaries to world’s biggest EV battery company
Indonesian miner Aneka Tambang has sold shares worth $467.18 million in two of its subsidiaries to a unit of the world’s biggest electric vehicle battery maker, China’s Contemporary Amperex Technology Co (CATL).
The sales are part of an agreement to set up joint ventures to develop an electric vehicle “ecosystem” in Indonesia, the statement said, which includes a plan to build a high-pressure acid leaching (HPAL) plant to process nickel ore into materials used in batteries.
The government of Indonesia, home to the world’s largest nickel reserves, has set an ambitious target of producing some 600,000 EVs by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.
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- [Editor:邢亞敏]
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