LG Energy Solution breaks ground on nickel processing plants in Indonesia
2022-06-09 14:08:10 [Print]
South Korea's LG Energy Solution (LGES) on Wednesday commenced the construction of nickel processing plants in Indonesia, part of its $9
The investment includes a $3.5 billion smelter with the capacity to produce 150,000 tonnes per annum of nickel sulfate, a $2 . 4 billion factory in the Batang park to produce 220,000 tonnes of precursor and 42,000 tonnes of cathode annually, providing the main raw material for the company's planned $3 . 6 billion 200 GWh battery cell plant in the industrial town of Karawang in West Java.
. 8 billion investment in the country to produce EV batteries.The investment includes a $3.5 billion smelter with the capacity to produce 150,000 tonnes per annum of nickel sulfate, a $2 . 4 billion factory in the Batang park to produce 220,000 tonnes of precursor and 42,000 tonnes of cathode annually, providing the main raw material for the company's planned $3 . 6 billion 200 GWh battery cell plant in the industrial town of Karawang in West Java.