Investor Presentaiton
MERDEKA
COPPER GOLD
World's Leading EV Players in Indonesia
Merdeka Battery Materials is well positioned as a leading supplier of EV battery precursors to capture future
commercial opportunities with the world's leading EV players
•
ED
HYUNDAI
Launched the first locally made
EV IONIQ 5 in March 2022
Partnering with LG Energy
Solutions and local state-owned
enterprises, invested in building a
US$1.1bn EV battery factory in
Karawang Regency, 65km from
Jakarta, in 2022
CATL
• Announced a US$6bn integrated
battery supply chain investment
in April 2022
• The nickel processing operations
would be located in the FHT
Industrial Park in Halmahera, in
Indonesia's North Maluku
Province
•
华友钴业
HUAYOU COBALT
Partnered with EVE Energy,
Tsingshan and others to invest
US$2.1bn in a nickel and cobalt
smelting projects in Weda Bay
The project has the capacity to
produce 120ktpa of nickel and
15kt of cobalt
•
•
T
TESLA
Reportedly signed a US$5bn,
five-year contract to secure
battery materials from two nickel
processing companies operating
out of IMIP
Eyeing an industrial complex for
its new EV factory in 2022
LG Energy Solution
Construction commenced in June
2022 at its US$3.5bn, 150ktpa nickel
sulfate smelter as part of a framework
US$9.0bn consortium investment in
Indonesia led by LG Energy Solutions
• The consortium includes LG Chem,
steelmaker Posco, LX International,
and Zhejiang Huayou Cobalt
Source: Public disclosure
NINGBO
LYGEND MINING
• Partnered with the Harita Group,
achieved first production at its
US$1.1bn HPAL plant, located at Obi
Island, in May 2021
•
The plant will produce 35ktpa of MHP
in phase 1 increasing to 52ktpa nickel
in nickel sulphate and 6ktpa cobalt in
sulphate in phase 2
Greening the future
QMB青美邦
青山绿水 美丽世界
US$700m JV between GEM, Brunp
Recycling (CATL), Tsingshan, IMIP
and Japan Hanwa announced in 2018
QMB New Energy is expected to
produce 50ktpa of nickel hydroxide
intermediates and 4ktpa of cobalt
smelting capacity
Ford
Signed a MoU with Vale
Indonesia and Zhejiang
Huayou Cobalt to build a
US$2.5bn, 120ktpa plant to
produce MHP in Indonesia
• The project is expected to
be completed in 2025
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