Jakarta, August 14, Indonesian President Joko Widodo said in his speech at the Indonesian National Congress that Indonesia has the world’s largest nickel resource. Indonesia will become one of the world’s largest lithium battery producers in the future. The development of the automobile industry has a dominant position. Nickel is a universal mineral resource. It can be processed into nickel-iron to produce stainless steel, and it is also a ternary material for new energy vehicles. With this capital, Indonesia can restore its economy, create jobs, and minimize fossil fuels.
The President of Indonesia said that Indonesia will soon have a lithium battery factory in the Ningde era in Morovali Park. In addition, South Korea's LG Chem and South Korea's Hyundai have negotiated with the Indonesian government to build a lithium battery factory and a new energy vehicle factory in Indonesia.
