Indonesia to set up $2bn EV fund with China’s CATL, CMB International
Indonesia is keen to develop its own EV and battery industries at home, after banning exports of nickel ore to ensure supply for investors since 2020.
Indonesia is keen to develop its own EV and battery industries at home, after banning exports of nickel ore to ensure supply for investors since 2020.
The Indonesia Battery Corporation plans to produce 50,000 battery packs for two-wheelers next year.
The goal is to learn how the young earth acquired the ingredients essential for life.
The metals industry has spent weeks debating what to do about supplies from Russia, which is a major producer of copper, nickel, aluminum and palladium.
Chinese firms have been involved in 89 announced acquisitions and investments in Canadian metals and mining companies in the past decade, according to Bloomberg data.
A growing number of member states of the ISA have called for a “precautionary pause” or moratorium on mining due to the lack of scientific data on fragile and biodiverse deep ocean ecosystems targeted for exploitation.
According to IDTechEx, electric cars and transportation will represent the largest market.
The stocks of silver held by the London Bullion Market Association and the Comex, in New York, are thinning out.
Robert Bosch plans to use more than twenty of IBM’s quantum computers to help identify alternatives to the metals and rare earth elements currently used in EVs.
As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.