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Industry of battery raw materials for electric vehicles now available in Morowali

11 January 2019 04:36 PM  Company: []
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JAKARTA - The government is pushing for the acceleration of the development of the lithium battery raw material industry that will support the development of electric vehicles in Indonesia. This strategic step is in line with the implementation of the national automotive industry roadmap and Making Indonesia 4.0 priority program.

"One of the keys to the successful development of electric vehicles is the battery technology and electric motor power train," said Minister of Industry Airlangga Hartarto at the Groundbreaking of PT QMB New Energy Materials in the Indonesia Morowali Industrial Park (IMIP) region, Central Sulawesi, Friday (11/1).

The Minister of Industry explained that the factory construction project that produces new energy materials from nickel laterite can meet the needs of the second generation lithium batteries. "This is a new battery, new energy material industry, which produces high purity nickel cobalts compounds for rechargeable batteries," he said.

Airlangga believes that through the hydrometallurgical technology-based smelter project, Indonesia will host the development of the battery industry for electric vehicles. In addition, the structure of the domestic automotive sector is getting stronger.

"Based on the roadmap for developing the national automotive industry, in 2025, our target of 20 percent of total vehicle production in Indonesia is electrically based. That is, when our production reaches 2 million units per year, as many as 400 thousand are electric vehicles," he explained.

PT QMB New Energy Materials is a form of cooperation between Chinese, Indonesian and Japanese companies consisting of GEM Co., Ltd., Brunp Recycling Technology Co., Ltd., Tsingshan, PT IMIP and Hanwa. This factory will be developed with 120 hectares of land. The total investment invested is US$ 700 million and will generate foreign exchange worth US$ 800 million per year. This factory will also create the absorption of direct employment of 2,000 people. (LM)