{"id":68015,"date":"2023-12-28T06:08:17","date_gmt":"2023-12-28T06:08:17","guid":{"rendered":"https:\/\/paultan.org\/?p=1710517"},"modified":"2023-12-28T06:08:17","modified_gmt":"2023-12-28T06:08:17","slug":"chinas-cbl-set-to-invest-rm1-94-billion-in-indonesias-nickel-mining-and-battery-manufacturing-industries","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/12\/28\/chinas-cbl-set-to-invest-rm1-94-billion-in-indonesias-nickel-mining-and-battery-manufacturing-industries\/","title":{"rendered":"China\u2019s CBL set to invest RM1.94 billion in Indonesia\u2019s nickel mining and battery manufacturing industries"},"content":{"rendered":"

\"China’s<\/a><\/p>\n

Chinese battery company Ningbo Contemporary Brunp Lygend (CBL) is set to invest US$420 million (RM1.94 billion) in Indonesia’s nickel mining and EV battery manufacturing industries, the Jakarta Post<\/em> reports.<\/p>\n

According to the country’s coordinating maritime and investment affairs minister Luhut Binsar Panjaitan, the deal, which will see CBL investing in a joint venture project with state-owned diversified miner PT Aneka Tambang (Antam) as well as battery maker PT Industri Baterai Indonesia (IBC), has been inked.<\/p>\n

\u201cIt\u2019s been signed. (The deal is worth) around US$420 million, so even though nickel prices have slightly dropped, I think progress has been made. It will be announced on December 28,\u201d he was quoted as saying by CNBC Indonesia<\/em> during an online press conference last week.<\/p>\n

The development follows on that from last year, when CBL – a subsidiary of Chinese battery giant Contemporary Amperex Technology Limited (CATL) – signed a framework agreement with Antam and IBI to develop an EV battery integration project in Indonesia, covering nickel mining, EV battery materials, EV battery production and battery recycling.<\/p>\n

Initially estimated at nearly US$6 billion (RM27.7 billion), the project with CBL is expected to progress faster than a planned project with South Korea, Antam\u2019s president director Nicolas D. Kanter said. This was because of existing connections and a signed conditional share purchase agreement between Antam and Hong Kong based CBL, he said earlier this year.<\/p>\n

The post China’s CBL set to invest RM1.94 billion in Indonesia’s nickel mining and battery manufacturing industries<\/a> appeared first on Paul Tan's Automotive News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese battery company Ningbo Contemporary Brunp Lygend (CBL) is set to invest US$420 million (RM1.94 billion) in Indonesia\u2019s nickel mining and EV battery manufacturing industries, the Jakarta Post reports. According to the country\u2019s coordinating maritime [\u2026]<\/p>\n

The post China\u2019s CBL set to invest RM1.94 billion in Indonesia\u2019s nickel mining and battery manufacturing industries<\/a> appeared first on Paul Tan’s Automotive News<\/a>.<\/p>\n","protected":false},"author":397,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-68015","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/68015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/397"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=68015"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/68015\/revisions"}],"predecessor-version":[{"id":68931,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/68015\/revisions\/68931"}],"wp:attachment":[{"href":"htt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