BTR and Stellar to jointly build anode material project in Indonesia
2023-10-23 11:57:08 [Print]
On October 16, China's BTR and Indonesia's Coordinating Ministry for Maritime Affairs entered into an investment framework agreement on developing lithium battery anode material project.
According to the agreement, BTR and Singapore's Stellar will jointly build production base with capacity of 80,000tpa of anode material used for lithium battery at the Indonesia Morowali Industrial Park (IMIP) of Central Sulawesi and the Kendal Industrial Park (KIP) of Java Province in Indonesia. Phase one investment is estimated at USD478 million and would help to create 1,200 local jobs.
According to the agreement, BTR and Singapore's Stellar will jointly build production base with capacity of 80,000tpa of anode material used for lithium battery at the Indonesia Morowali Industrial Park (IMIP) of Central Sulawesi and the Kendal Industrial Park (KIP) of Java Province in Indonesia. Phase one investment is estimated at USD478 million and would help to create 1,200 local jobs.
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