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Indonesia to Export Nickel-Based EV Battery Material to Tesla in U.S.

Oct 18, 2024, 10:59 AM

Indonesia, the 4th largest country by population, is navigating tensions between China and the West as it seeks to become a key player in the global battery and battery supply chain. The country controls a significant portion of the world's nickel ore supply, which is crucial for electric vehicle (EV) batteries. However, Chinese stakes in high-pressure acid leach smelters in Indonesia pose a significant hurdle for the country to supply EV battery materials to the U.S. Despite these challenges, Indonesia plans to export nickel-based material used to make EV batteries to the U.S. next month, according to Energy Minister Bahlil Lahadalia. The material will be provided to Tesla.