State holding to be Indonesia’s battering ram into global battery market

[Indos]

State holding to be Indonesia’s battering ram into global battery market ​

Norman Harsono

The Jakarta Post Jakarta / Fri, October 16, 2020 / 12:54 pm

A driver plugs in a Bluebird e-taxi during the launch of the company's electric taxis in Jakarta on April 22, 2019. (JP/Seto Wardhana)

Indonesia has mobilized three of its biggest state-owned enterprises (SOEs) and opened talks with two foreign multinationals to bring Southeast Asia’s largest economy into the world’s highly lucrative electric vehicle (EV) battery market.

The SOEs Ministry has ordered mining holding MIND ID, oil and gas giant Pertamina and electricity monopoly PLN to establish a holding company – tentatively “PT Indonesia Battery Holding” – that will develop an end-to-end domestic supply chain for EV batteries.

The trio are also in talks with China’s CATL and South Korea’s LG Chem, the world’s top two EV battery makers by output, to invest between US$12 billion and $20 billion in developing the dream supply chain. PT Indonesia Battery Holding aims to produce between 8 and 10 gigawatt hours (GWh) worth of batteries each year, starting around two to three years from now, said MIND ID president director Orias Petrus Moedak during an online press briefing on Thursday.

Read also: High capital requirement poses challenge for Indonesia’s battery industry: Expert

“The SOEs Minister expects the EVs to also be built domestically but, of course, if we produce more batteries than needed, then the logical step is to export [the exceed output],” he said. Fulfilling such an expectation will be challenging as experts have said Indonesia’s EV industry is still being held back by limited infrastructure and high capital costs. Nevertheless, the holding company establishment reflects the sheer magnitude of Indonesia’s “massive downstreaming” ambitions – to use President Joko "Jokowi" Widodo’s words – to turn the country from a commodity-driven economy into an industrial economy.

To that end, the government banned all nickel ore exports starting last year and plans to ban all metal ore exports starting 2022, thereby forcing miners to process the ore domestically. Indonesia’s EV batteries will not only cater to the EV industry but also to the energy storage industry, both of which are expected to grow exponentially over the decade as major economies double-down on green energy commitments.

According to the holding’s forecast, global battery demand will quadruple over the next seven years to 777 GWh by 2027, almost all of which will go to EVs. A smaller portion will go into energy storage systems for solar-powered buildings, among others uses.

Read also: No EV? Park outside new capital city and take public transportation

In comparison, Indonesia’s battery demand is expected to grow 30-fold over the same period to 5.9 GWh in 2027, assuming the government successfully pushes EV usage particularly in the new state capital.

“This is a breath of fresh air. The efforts of Indonesia, with its abundant mineral wealth, to downstream industries get a good response from foreign investors,” said SOEs Minister Erick Thohir in a joint statement on Wednesday. As the world’s top nickel ore producer, Indonesia will focus on developing two nickel-based battery blends: Nickel Manganese Cobalt (NMC) and Lithium Cobalt Nickel Aluminum (NCA).

The two are among the main five blends vying for the EV battery market. Such nickel-based blends will likely come to dominate the EV market owing to their good performance and low content of cobalt, which is an increasingly expensive metal due to supply constraints, writes consultancy McKinsey & Company in a 2017 report.

“This shift is not certain as battery technologies continue to rapidly evolve, but it is clear the chemistries that emerge dominant will be heavily influenced by potential raw material constraints,” reads the report.

MIND ID, which is in charge of the upstream supply chain, has several multi-million dollar downstream projects in the pipeline, including a $3 billion integrated nickel smelter to be built in either North Maluku or Southeast Sulawesi. The integrated smelter features a high-pressure acid leaching (HPAL) facility that produces 50 kilotons of high purity battery-grade nickel each year.

The smelter also produces a lower purity steel-grade nickel. MIND ID’s Orias said the company was also looking at ways to secure refined cobalt and manganese domestically. Indonesia has reserves of both metals but is not a major global producer. “The metal that we really don’t have is lithium,” he said, adding that the miner planned to either acquire lithium mines abroad or import lithium.

Read also: Indonesia needs 31,000 charging stations to reach electric vehicle goals

Meanwhile, Pertamina, which is in charge of the midstream supply chain, has been assigned to develop a battery cell and battery pack manufacturing plant. “This will strengthen our position as an energy provider and enable us to capture global EV battery demand,” said Pertamina spokeswoman Fajriyah Usman on Tuesday.

Meanwhile, PLN, which is in charge of the downstream supply chain, has been assigned to focus on developing and installing ready-to-use battery sets, which will mainly cater to solar-powered buildings and remote Indonesian villages.

“We’re collaborating with other related institutions, including automakers in Indonesia, particularly on the issue of preparing charging stations,” said PLN president director Zulkifli Zaini in the joint statement. PLN previously calculated that Indonesia needed 31,000 EV charging stations by 2030 to meet its EV goals.

State holding to be Indonesia’s battering ram into global battery market

The SOEs Ministry has ordered MIND ID, Pertamina and PLN to establish a holding company – tentatively “PT Indonesia Battery Holding” – that will develop an end-to-end domestic supply chain for EV batteries.

www.thejakartapost.com

 

[Indos]

This will be Indonesia effort to compete with Thailand in EV industry in South East Asia. Just like competition between Indonesia and Thailand in a gasoline engine vehicle production in the region, the competition is likely to continue in Electric Vehicle as well.

Some analyst said that Thailand will dominate EV industry in ASEAN but there could be really tough competition from Indonesia, particularly if this EV battery factory plan is realized.

I hope the battery factory is not located in North Sulawesi since it will just give advantage to Thailand EV industry, but it should be built in West Java as automotive manufacturing base in Indonesia. Many automotive part producers are also located in West Java and not to forget highly skilled labor force in that region where many best universities in Indonesia are also located in Jakarta and Bandung.

It can also be built in Central Java as government has set up industrial park there with possible huge expansion of land considering the land has already been acquired by a state owned company which is located in a very strategic area.

The industrial park can be another manufacturing base for automotive industry in Indonesia in which for this time it will be for Electric Vehicle manufacturing. The location is near both rail system and a high way and also near sea where a new port can also be built there if necessary. Labor cost in Central Java, is also quite low compared to West Java, where for highly skilled worker, it can be supplied from respected state owned university like Diponegoro University (UNDIP).

Central Java is also located next to West Java as automotive manufacturing base in Indonesia, so building the battery factory in Central Java (which possibility to become EV manufacturing base as well) is still quite cost effective in term of logistic issue.

Batang Industrial Park (4000 hectare)

 

[Menthol]

We, Indonesian should be proud.

If Saudi Arabia has oil, we have nickel.

Oil is already hit the peak and now is declining.

What is replacing the oil, is the nickel.

And the world's biggest nickel producer is Indonesia.

Thanks to EV anyway.


Let's hope in the future, EV will replace the gasoline car.

Hahaha

 

[Indos]

We, Indonesian should be proud.

If Saudi Arabia has oil, we have nickel.

Oil is already hit the peak and now is declining.

What is replacing the oil, is the nickel.

And the world's biggest nickel producer is Indonesia.

Thanks to EV anyway.


Let's hope in the future, EV will replace the gasoline car.

Hahaha

Yup, Indonesia also still has gas, geothermal, coal, and also doesnt have winter season which show we also have a good energy sources to generate electricity, alhamduliLLAH. This combination of blessing from God should put Indonesia in the better competitive advantage than the rest of South East Asia countries.

I also hope government to impose more export tariff to our coal miners to make the industry doesnt overly exploit our coal reserve which is important for our future generation. There is plan to stop coal export in 2035 which I see as a good policy, anyway coal power plant is also diminishing in many countries and being replaced by gas in order to produce cleaner energy.

Actually we just stop exporting nickle ore, but smelter companies operating in Indonesia are still allowed to export their value added products without any limitation. So this is really a good news for us, Indonesian, seeing the downstream of our nickle ore further, beyond smelter industry, just not too long after we stop exporting nickle ore in January this year.

Yup, oil is getting pressured nowadays, government has also predicted average oil price in 2021 will be at the rate of 43 USD per barrel which can be considered as relatively cheap.

More efficient and cheaper solar panel could also be developed in the future that would make every home possibly put solar panel in their roof tile. It is also one of the advantage of our nation that has vast land, tropical weather, and people preference to live in a house than in apartment where their roof top can be a potential source of energy if they put solar panel there.

So if this project is indeed realized, we then need to think on how to bring automotive companies operating in Indonesia and abroad to make EV plant in Indonesia. Government I hope would also put some money on Electric Vehicle R&D, particularly to build efficient electric motor. This will allow us to use the motor into our own EV brand some day inshaAllah.

 

[Indos]

We, Indonesian should be proud.

If Saudi Arabia has oil, we have nickel.

Oil is already hit the peak and now is declining.

What is replacing the oil, is the nickel.

And the world's biggest nickel producer is Indonesia.

Thanks to EV anyway.


Let's hope in the future, EV will replace the gasoline car.

Hahaha

The interesting part is that battery is very essential to EV industry since according to Hyundai Indonesia boss in recent interview, he said the battery alone contributes to 45-50 % of the cost to build an electric car.

 

[Indos]

Tesla is mulling to build EV battery in Indonesia.

 

[Indos]

Indonesia to develop circular economy for EVs, boost battery industry ​

Yunindita Prasidya
The Jakarta Post

Jakarta / Tue, November 10, 2020 / 08:20 am

Bluebird's Tesla Model X 75D A/T for the taxi company's high-end Silverbird service launched on April 22 at the Bluebird head office in South Jakarta. (JP/Seto Wardhana)

Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry — a new industry driven by rising concerns over the climate crisis — and plans to partner with global manufacturing giants to produce EV batteries.

Doddy Rahadi, the head of the Industry Ministry’s industrial research and development agency (BPPI), said the government was accelerating the development of battery-powered EVs and had rolled out initiatives and incentives to boost the growth of the industry. However, he warned about the waste the EV industry could produce.

“The negative effect of electric vehicles is in the amassing of lithium battery waste due to their limited lifespan and charging cycles,” Doddy said in a webinar on Wednesday. “In this case, the Industry Ministry is pushing for the development of battery technology that carries the concept of a circular economy.”

He further explained that as Indonesia did not have the natural lithium reserves needed to produce the battery, the ministry had initiated the process of recovering lithium from recycled batteries in a process known as urban mining. He went on to say that an orientation of substituting imports had to be implemented from the early stages of developing the EV industry in the spirit of reducing Indonesia’s reliance on imports.

While short in lithium, Indonesia is the world’s largest nickel ore producing country. Nickel is a key ingredient in EV battery production. Analysts have said that the country's nickel industry would benefit from the growth of the EV industry.

Indonesia is setting its sights on becoming a major player in this new electric-powered transportation economy. Under President Joko “Jokowi” Widodo’s administration, the local automotive industry is expected to begin domestic EV production by 2021 or 2022 to reach the target of exporting 200,000 electric cars by 2025. The number accounts for around 20 percent of the expected total of 1 million cars exported a year.

Read also: Consumers’ concerns hamper electric vehicle adoption in Indonesia: Experts

The Industry Ministry reported that so far, the country has one local producer of four-wheel or more EVs, PT Mobil Anak Bangsa (MAB), which produces electric buses with a production capacity of 1,200 units in a year. For two- and three-wheel EVs, the country has 15 producers with a total production capacity of 877,000 units per year, with brands including Viar, Gesit, Selis and MIGO.

“What supports the success of battery-powered electric vehicles is the development of the battery industry,” Dodiet Prasetyo of the Industry Ministry’s metals, machinery, transport equipment and electronics industry (ILMATE) division said during the webinar, signaling the government's commitment to propping up the EV ecosystem.

Dodiet went on to say that the government had formed a consortium between state firms, consisting of mining holding company MIND ID, oil and gas company Pertamina and electricity company PLN, tasked with producing EV batteries for the industry. The State-Owned Enterprises (SOE) Ministry ordered the three giants in mid-October to establish a holding company, tentatively named PT Indonesia Battery Holding, that will develop an end-to-end supply chain for EV batteries.

They are also in discussion with China’s CATL and South Korea’s LG Chem to invest between US$12 billion and $20 billion to develop the planned supply chain. Dodiet said other possible global manufacturers were American EV company Tesla, Japanese multinational electronics company Panasonic, Japanese joint venture EV battery manufacturer Automotive Energy Supply Corporation (AESC), South Korean Samsung SDI, German Bosch and South Korean SK Innovation.

“We are hoping that in the near future, there will be a collaboration between state firms and one of these global manufacturers to come to Indonesia and invest, collaborate, to build the battery industry,” Dodiet said. “If there is a battery industry in Indonesia, hopefully, the price of EVs in the market will be more competitive.”

The price of EVs is notably higher than conventional vehicles, which is a major reason behind consumers’ reluctance to make the electric shift. In a webinar held on Oct. 14, Danareksa chief economist Moekti Prasetiani Soejahmoen said that in addition to high prices, consumers were worried about running out of power and the lack of charging stations when it comes to adopting EVs.

Yucuanto Susetyo, director of PT Kencana Laju Mandiri, the company behind two-wheel EV brand Viar Motor Indonesia, said the benefits of a possible entry of global manufacturers into local EV production would outweigh the risks.

“With their entry, we hope it can raise the quality of human capital in the EV sector and increase Indonesia’s competency of the EV component industry,” he explained, noting that some protection might be necessary. “With the entry of global brands, the business of national brands must be considered. Maybe national brands needed to be given privileges so that we, too, can survive.”

Indonesia to develop circular economy for EVs, boost battery industry

Indonesia expects the local automotive industry to begin domestic EV production by 2021 or 2022 to reach the target of exporting 200,000 electric cars by 2025.

www.thejakartapost.com

 

[Indos]

Hyundai to produce electric cars in West Java by 2022

Arya Dipa The Jakarta Post Bandung / Tue, November 17, 2020 / 06:23 pm

As the world’s largest producer of nickel, Indonesia is eyeing a more strategic position in the global supply chain for the development of lithium batteries and, eventually, electric cars. Carmaker Hyundai Motor Asia-Pacific is planning to start manufacturing electric cars in West Java by 2022, as Indonesia plans to produce batteries for electric vehicles (EVs), the company’s vice president announced on Monday.

The company’s vice president and chief operations officer, Lee Kang Hyun, said the EVs would be produced in Hyundai's first manufacturing center in Southeast Asia in Delta Mas, Cikarang, West Java. “With the support of ministries and the local government, the factory’s construction is 65 percent done despite the COVID-19 pandemic,” he said during a press conference at the 2020 West Java Investment Summit in Bandung on Monday. Lee said the factory would start producing cars by the end of next year, with a projected capacity of 150,000 cars by the second half of 2021.

The full annual target is 250,000 vehicles. The 77.6-hectare factory requires an investment of at least US$1.55 billion, including operational costs and product development, he added. As the world’s largest producer of nickel, Indonesia is eyeing a more strategic position in the global supply chain for the development of lithium batteries and, eventually, electric cars.

Under President Joko “Jokowi” Widodo’s administration, the local automotive industry is expected to begin domestic EV production by 2021 or 2022, with a target of exporting 200,000 electric cars by 2025.

State-Owned Enterprises Minister Erick Thohir stated in October that Indonesia had potential in mineral and coal downstreaming as the country had an abundance of nickel reserves, the main ingredient in EV batteries.

The government was reportedly discussing an investment between $12 billion and $20 billion with China’s largest EV battery maker, CATL, and South Korea’s LG Chem to build an end-to-end supply chain for EV batteries. Investment Coordinating Board (BKPM) chief Bahlil Lahadalia said in a virtual webinar on Monday that CATL had inked an agreement to invest $5.1 billion in the country.

Read also: Indonesia to develop circular economy for EVs, boost battery industry

Lee acknowledged the government’s invitations to CATL and LG Chem, which he thought would help Indonesia to reach its goal of having a fully formed electric vehicle industry. “Prior to this partnership, Indonesia inevitably had to import EV batteries, but with the investment in the near future, soon we can have locally made batteries,” Lee said, adding that Hyundai pledged to have its electric cars use locally made batteries.

He added that the local content for Hyundai cars produced at the factory would exceed 40 percent so that products could be exported to countries like Thailand. Meanwhile, West Java Governor Ridwan Kamil reportedly ordered for the Hyundai vehicles to be used by government personnel for official use.

During the summit, the governor also launched the Rebana Special Economic Zone (SEZ) development project. The area will stretch over 43,900 hectares, he said, and cover seven locations, including Cirebon and Cirebon regency, Majalengka, Indramayu, Kuningan and Sumedang.

The area will also cover Kertajati International Airport in Majalengka and the Japan-backed Patimban seaport in Subang. "Metropolitan Rebana is designed to be very futuristic and well-organized as a sustainable metropolitan area in Indonesia," Ridwan said. The SEZ was expected to absorb 5 million workers by the end of 2030 and boost the West Java economy by 4 percent, he added.

Read also: Indonesia needs 31,000 charging stations to reach electric vehicle goals

The West Java economy shrank 4.08 percent year-on-year (yoy) in the third quarter this year, as the country’s gross domestic product also fell by 3.49 percent yoy in the same period, Statistics Indonesia (BPS) data show. "The SEZ we will contribute to national growth in 10 years.

So this project must be successful because without it, West Java will develop very slowly," Ridwan said. West Java Investment and One-Stop Integrated Service Agency head Noneng Komara said that the agency planned to offer Rp 32.1 trillion worth of investment during the West Java Investment Summit, held from Nov. 16 to Nov. 19.

She said that most of the investment, at Rp 28.5 trillion, was expected to go to the Rebana SEZ project. According to Noneng, the agency is also preparing 27 other investment projects, from the Rp 10 trillion investment for the Subang Integrated Industrial Zone to the Rp 9 trillion Subang Smartpolitan project and Rp 1.25 trillion Kertajati Industrial Estate in Majalengka. (eyc)

Hyundai to produce electric cars in West Java by 2022

Carmaker Hyundai Motor Asia-Pacific is planning to start manufacturing electric cars in West Java by 2022, as Indonesia plans to produce batteries for electric vehicles (EVs), the company’s vice president announced on Monday.

www.thejakartapost.com

 

[CountStrike]

Indonesia, LG clinch $9.8b deal to build world’s first integrated EV battery industry

The MoU includes strategic investment projects in the EV battery cell industry that integrates the mining, smelting, refining, and precursor and cathode industries.

www.thejakartapost.com

 

[Indos]

This is the news from Reuters, the Jakarta post news cannot be accessed because of it is a premium news which needs subscription.

Alhamdulillah

Technology News

December 30, 202011:18 AM Updated 2 hours ago
Indonesia says $9.8 billion EV battery MOU agreed with LG Energy Solution
By Bernadette Christina

JAKARTA (Reuters) -Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia’s Investment Coordinating Board said on Wednesday.

The deal was signed on Dec. 18 and includes investments across the EV supply chain, the board head, Bahlil Lahadalia, told a news conference.

An official at LG Energy Solution, a unit of LG Group, South Korea’s fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide details or the deal’s value. LG Group in Seoul referred Reuters to its affiliate.

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Bahlil said the agreement made Indonesia the first country in the world to integrate the electric battery industry from mining to producing electric car lithium batteries.

“We have signed an MOU for the construction of an integrated electric battery factory from upstream to downstream,” Bahlil said.

“Mines, smelters, precursors, cathodes, cars to recycling facilities will be built in Indonesia,” he said, adding that the project will be located in North Maluku and Central Java.

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Under the MOU, at least 70% of the nickel ore used to produce the EV batteries must be processed in Indonesia, he said.

Indonesia aims to start processing its rich supplies of nickel laterite ore for use in lithium batteries as part of a bid to eventually become a global hub for producing and exporting EVs.

Indonesia said earlier this month that U.S. automaker Tesla, will send delegations to Indonesia in January to discuss potential investment in a supply chain for its electric vehicles.

Reporting by Bernadette Christina Munthe and Heekyong Yang in Seoul; Writing by Fathin Ungku; Editing by Martin Petty

Indonesia says $9.8 billion EV battery MOU agreed with LG Energy Solution

Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.

www.reuters.com

 

[Indos]

 

[Indos]

 

[Indos]

The Nickel Smelter Industry in Indonesia is Appealing to Foreign Investors


JAKARTA - Nickel smelter investment is considered to have made a major contribution to Indonesia's Foreign Investment (PMA) in the last six years. This is inseparable from the downstream mining policy being pushed by the government, which requires the construction of a refining plant or smelter.

According to him, the relatively large portion of the nickel smelter investment confirms that the nickel industry is one of the most important.


Also read: RI will become the 'king' of batteries, take a peek at the prospects for the 2021 nickel industry

"Indonesia is indeed trying to become a global hub in the supply chain for the electric vehicle industry and it is hoped that it can surpass the palm oil industry as the second largest export of the countries in the medium term," said PT Pefindo analyst Martin Pandiangan, said on IDX Channel's Market Review, Monday (22/2 / 2021).


He continued, data from the Ministry of Energy and Mineral Resources (ESDM) targets 53 smelters to be built in 2024. Until now, there are around 41 nickel refining projects that are being worked on, scattered from Sulawesi, North Maluku and several other areas.

Also read: A nickel factory in Southeast Sulawesi will be built soon, how much is the investment value?

"Of these, 11 projects have been completed by the end of 2019, 8 projects are still in the process of completion with project progress of around 40% to 99% and 22 other projects are still recording project progress below 40%. Some projects in the initial construction phase tend to be experiencing delays due to the pandemic, "he explained.

Martin said that the majority of nickel supply in the future will come from collaborations between Chinese companies and Indonesian companies. Smelter construction using High Pressure Acid Leaching (HPAL) technology is also encouraged so that it can absorb low grade nickel.

Industri Smelter Nikel di Indonesia Menarik bagi Investor Asing : Okezone Economy

Investasi smelter nikel dinilai memberikan kontribusi besar terhadap Penanaman Modal Asing PMA Indonesia - hot issue - okezone economy

economy.okezone.com

 

[Indos]

 

[Indos]

July, BUMN Battery Holding Will Be Officially Formed, This is the Name!
NEWS - Emir Yanwardhana, CNBC Indonesia

Photo: Illustration of a battery in an electric car packed in safe components. electrec.co

04 March 2021 20:01

Jakarta, CNBC Indonesia - The Ministry of State-Owned Enterprises (BUMN) is forming a consortium of a number of BUMNs to build an integrated battery industry from upstream to downstream which is planned to be named PT Industri Baterai Indonesia (IBI).

PT IBI is targeted to be officially formed no later than July 2021.

This was revealed by the President Commissioner of PT Mining Industri Indonesia (MIND ID), Agus Tjahajana Wirakusumah. Agus explained that the name of this holding company has been determined. However, the company's capacity and detailed plans are still being discussed.

"The name is PT Industri Baterai Indonesia (IBI) with about a quarter of each BUMN involved. The investment plan depends on our upstream capacity," he said in the program 'Zooming With Primus: Prospects for Battery Holding Formation'. which was also broadcast on the BeritaSatu YouTube channel, Thursday (4/3/2021).

Agus explained, there are four BUMNs involved in the ownership of this BUMN battery holding with 25% share ownership each. Starting from PT Pertamina (Persero), PT Aneka Tambang Tbk (Antam), PT PLN (Persero) and PT MIND ID.

As an illustration, PT IBI is planned to be able to make electric batteries with a total power of 195 giga watts (GW) by consuming 150 thousand tons of nickel per year. But in the first stage, only 33 GW of electric battery production is set until 2030.

"The investment value if 33 GW until 2030 is around US $ 13 billion. If the capacity increases by 70% or 140 GW in the second phase, the investment value could reach US $ 17 billion. This is also investment with foreign partners," he explained.

Agus explained, will create six joint subsidiary ( joint venture ) with foreign investors in the first stage. These six companies will enter into the electric battery manufacturing ecosystem, from upstream to downstream.

On the same occasion, the Special Staff of the Ministry of BUMN, Arya Sinulingga, confirmed this. When the holding is officially established, a joint venture business unit will be formed in partnership with foreign companies that enter the electric battery industry. The cooperation will include the smelter refining business line to the electric battery recycle process .

"For example, the refining smelter is JV with Antam, the cathode is JV with Pertamina, the battery cell and battery pack can be with Pertamina and PLN," he explained.

"... That is a plan in the near future. In the near future. We are proceeding quickly so that we can build (this holding) we are already moving and we are discussing cooperation with Chinese partners or others," he added.

Juli, Holding BUMN Baterai Akan Resmi Dibentuk, Ini Namanya!

Kementerian BUMN menargetkan Holding BUMN Baterai yang diberi nama PT Industri Baterai Indonesia (IBI) resmi dibentuk Juli 2021.

www.cnbcindonesia.com