President Prabowo attended yesterday the groundbreaking ceremony of the integrated electric vehicle battery industry ecosystem project built by the ANTAM-IBC-CBL consortium in Karawang Regency, West Java Province, and delivered a speech. He emphasized that developing the new energy industry is a strategic step to achieve national energy independence and resilience, proudly announcing the official launch of the project. The project involves Indonesia's state-owned mining company PT Aneka Tambang Tbk (ANTAM), Indonesia Battery Corporation (IBC), and Chinese enterprises CATL, Brunp, and Lygend (CBL). The project covers the full value chain, comprising six sub-projects, five located in East Halmahera, North Maluku Province, and one in Karawang. The project is designated as a National Strategic Project (PSN) of Indonesia, with a total investment of USD 5.9 billion and covering an area of 3,023 hectares. It is expected to create approximately 8,000 job opportunities and support the construction of 18 infrastructure projects, including multi-purpose ports. The project uses an environmentally friendly energy mix, including a 2×150 MW coal-fired power plant, an 80 MW gas-fired power plant, a 30 MW waste heat recovery system, and 172 MW solar power generation, with the Karawang facility installing 24 MW of solar power. The initial production capacity of the Karawang plant is 6.9 GWh in Phase I, expanding to 15 GWh in Phase II, with commercial operations expected to begin by the end of 2026. The East Halmahera project involves ANTAM and Hong Kong CBL Limited (HK CBL) establishing PT Feni Haltim (PT FHT) to develop a new energy industrial zone. The nickel ore pyrometallurgical smelter in the project will produce 88,000 tons of refined nickel alloy per year by 2027, while the hydrometallurgical smelter will produce 55,000 tons of mixed hydroxide precipitate per year by 2028. The nickel-cobalt-manganese cathode material plant will have an annual capacity of 30,000 tons by 2028, and the battery recycling facility will produce 20,000 tons of sulfate metals and lithium carbonate per year by 2031.
President Prabowo attended yesterday the groundbreaking ceremony of the integrated electric vehicle battery industry ecosystem project built by the ANTAM-IBC-CBL consortium in Karawang Regency, West Java Province, and delivered a speech. He emphasized that developing the new energy industry is a strategic step to achieve national energy independence and resilience, proudly announcing the official launch of the project. The project involves Indonesia's state-owned mining company PT Aneka Tambang Tbk (ANTAM), Indonesia Battery Corporation (IBC), and Chinese enterprises CATL, Brunp, and Lygend (CBL). The project covers the full value chain, comprising six sub-projects, five located in East Halmahera, North Maluku Province, and one in Karawang. The project is designated as a National Strategic Project (PSN) of Indonesia, with a total investment of USD 5.9 billion and covering an area of 3,023 hectares. It is expected to create approximately 8,000 job opportunities and support the construction of 18 infrastructure projects, including multi-purpose ports. The project uses an environmentally friendly energy mix, including a 2×150 MW coal-fired power plant, an 80 MW gas-fired power plant, a 30 MW waste heat recovery system, and 172 MW solar power generation, with the Karawang facility installing 24 MW of solar power. The initial production capacity of the Karawang plant is 6.9 GWh in Phase I, expanding to 15 GWh in Phase II, with commercial operations expected to begin by the end of 2026. The East Halmahera project involves ANTAM and Hong Kong CBL Limited (HK CBL) establishing PT Feni Haltim (PT FHT) to develop a new energy industrial zone. The nickel ore pyrometallurgical smelter in the project will produce 88,000 tons of refined nickel alloy per year by 2027, while the hydrometallurgical smelter will produce 55,000 tons of mixed hydroxide precipitate per year by 2028. The nickel-cobalt-manganese cathode material plant will have an annual capacity of 30,000 tons by 2028, and the battery recycling facility will produce 20,000 tons of sulfate metals and lithium carbonate per year by 2031.