Industry News

In an ornate ballroom at the Palace of Versailles last July, the head of Taiwan's ProLogium took out a pair of scissors and cut one of its solid-state batteries the size of a credit card in half

07/06/2023

France Rolls Out the Red Carpet for EV Battery Factories

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BYD, the world’s largest electric vehicle (EV) maker, backed by Warren Buffett’s Berkshire Hathaway

30/05/2023

BYD Signs Agreement to Explore EV Opportunities, Build Plant in Indonesia.

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The Floodlight at Indonesia Morowali Industrial Park stay on throughout the night.  Around the clock, more than 40,000 workers operate the 8,000 acre site.

15/05/2023

The Nickel Pickle

Indonesia has cut tax incentives to limit investment in lower quality nickel products as it aims to extract as much value as possible

15/05/2023

Indonesia Cuts Tax Breaks to Discourage Low Quality Nickel Investment-Minister

German Chancellor Olaf Scholz said Sunday that he will press for a trade agreement between the European Union and Indonesia

15/05/2023

Germany Backs EU-Indonesia Trade Pact to Curb China Reliance

Indonesia will improve monitoring of environmental standards for nickel mining, amid concerns over production of the metal which is increasingly used in electric vehicle batteries, the country’s President Joko Widodo told Reuters on Thursday. The Southeast Asian country, which has the largest nickel reserves in the world, will step up scrutiny of mining and order […]

15/05/2023

Exclusive: Indonesian President Pledges Nickel Mining Clean up Amid EV-led Boom

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Indonesia’s production of nickel is surging as a wave of new capacity powers up to meet growing demand from the electric vehicle (EV) battery sector. The country’s mines lifted output by 41% year-on-year in the first seven months of 2022, according to the International Nickel Study Group. Year-to-date production of 814,000 tonnes accounted for 47% […]

11/10/2022

Indonesia’s Nickel Surge Bad News for Price and Pricing

Morowali, an Indonesian county with fewer than 200,000 residents, has attracted billions of dollars in investment from Chinese companies. The list of Chinese investors includes battery materials producers Zhejiang Huayou Cobalt, Eve Energy and Guangdong Brunp Recycling Technology. In 2021 alone, they put nearly $4 billion into the county. All the money went to the […]

28/09/2022

Chinese companies face worries in quest for Indonesian nickel

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The China Association of Automobile Manufacturers reported that plug-in hybrid sales more than doubled to 600,000 units in 2021 – surpassing the estimated 480,000 units that Cox Automotive reports were sold in the US in the same year. The jump in sales is largely thanks to Beijing’s efforts to promote electric vehicles by requiring carmakers to […]

27/09/2022

Surging China Electric Vehicle Sales Driving Up Metal Prices

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Volkswagen will form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies forelectric vehicles in China, the world’s No. 1 car market, and to slash costs at a time of surging raw material prices. The move is part of a 30 billion euro ($33 billion) push by the world’s second-largest […]

26/09/2022

Volkswagen Unveils Asian Ventures to Secure e-battery Materials Supply

Volkswagen will form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies forelectric vehicles in China, the world’s No. 1 car market, and to slash costs at a time of surging raw material prices. The move is part of a 30 billion euro ($33 billion) push by the world’s second-largest […]

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