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Indonesia takes a step closer to domestic end-to-end battery industry
Wed, 04/07/2021 - 14:29 -- Paul Crompton
The latest move in the Indonesian government’s intention to develop domestic manufacture of electric vehicle batteries has seen a shareholders agreement for the Indonesian Battery Corporation (IBC).
The agreement was signed on 16 March by state mining firms Mining Industry Indonesia (MIND ID) and Aneka Tambang (ANTAM) along with state utility Perusahan Listrik Negara (PLN) and state oil company Pertamina.