30
Dec
10:23
Indonesia signs $9.8 billion MOU with LG Energy Solution
Indonesia’s Investment Coordinating Board (BKPM) announced on 30 December a memorandum of understanding (MOU) on a $9.8 billion investment deal for the electric vehicle (EV) battery sector.
The document was signed with LG Energy Solution on 18 December, BKPM’s head Bahlil Lahadalia told a press conference. It represents the intent of the South Korean battery manufacturer to develop the world’s first integrated mine-to-battery project, he added. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous