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DBS to finance Indonesia s first high pressure acid leach smelter Staff Reporter
The smelter will manufacture key components for the ongoing production of electric vehicles.
Along with eight other banks, DBS has launched a US$625m project financing structure for PT Halmahera Persada Lygend (PT HPAL).
PT HPAL is set to be Indonesia s first high pressure acid leach (HPAL) smelter, which will be used to manufacture nickel cobalt hydroxide precipitate and nickel suphate. Both products are key raw materials in electric battery manufacturing.
These batteries, in turn, are a key component in the production of electric vehicles (EVs). With Indonesia holding the largest share of the world s nickel reserves, we re excited to support the country s plans to develop a global EV supply chain onshore by helping to advance companies in high growth industries like PT HPAL that are also mindful of their ESG impact, said Tan Shu Shan, Group Head of Institutional Banking and Pr
(MENAFN - London Flair) Director Tomer Shushan is a writer and film director from Israel whose 2017 short film Inside Shells screened in FIPA, Sao Paulo International Short Film Festival and many others. White Eye is his second short, which went on to win the Oscar-qualifying Award at the 2020 SXSW Film Festival and 2020 Urbanworld Film Festival. Tomer is currently developing an Israeli TV series Torso and his first feature film Between The Sand Grains.
Co-Producer and Film Editor Shira Hochman has produced several short films including White Eye by Tomer Shushan, Horst by Miki Polonski, and My Little Evie by Hadar Morag. She is developing two feature films: Tomer Shushanâs Between The Sand Grains and Takotsubo by Miki Polonski. As an editor, Shira Hochman worked on a large number of short and feature films, leading her to be nominated for the Best Editing Award at the 2014 Israeli Academy Awards.
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