"Indonesia Begins Construction of $5.9 Billion Mega EV Battery Hub With China’s CATL Consortium", Jakarta Globe, 29 June 2025

The Indonesian government officially launched construction on a $5.9 billion integrated electric vehicle (EV) battery manufacturing project in Karawang, West Java [...].

The project is a joint venture between Indonesia’s state-owned mining company Aneka Tambang (Antam), the Indonesia Battery Corporation (IBC), and a consortium led by China’s Contemporary Amperex Technology Co. Limited (CATL), along with Brunp Recycling and Lygend Resources.

The plant is designed with sustainability in mind, combining coal, waste heat recovery, and solar power to reduce its environmental footprint.

In parallel, upstream operations are underway in East Halmahera, where Antam and Hong Kong CBL Limited (HK CBL) have established a joint venture [...]. This venture will develop a new energy industrial park, featuring a nickel mine and pyrometallurgical smelter [...].