LG Energy Solution leads $9bn push to create mines-to-manufacturing battery supply chain

Cecilia Keating
clock • 2 min read
 Nickel Mining in South Sulawesi, Indonesia | Credit: iStock
Image:

Nickel Mining in South Sulawesi, Indonesia | Credit: iStock

New Indonesian venture announced just days after similar project unveiled by key rival China’s Contemporary Amperex Technology (CATL), as concerns grow that sector could face a global supply crunch

A consortium led by South Korean electric vehicle (EV) battery giant LG Energy Solution has announced it is to invest $9bn in developing a mines-to-manufacturing battery supply chain in Indonesia, as battery...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Ohme rewards EV drivers with £750,000 through flexibility trial

Ohme rewards EV drivers with £750,000 through flexibility trial

Ohme's Crowdflex trial demonstrated how charging company can deliver 'significant flexible capacity' through dynamic automated EV charging

clock 06 February 2026 • 2 min read
Plug-in cars account for almost a third of all new registrations in January

Plug-in cars account for almost a third of all new registrations in January

Electric vehicles enjoyed strong start to the year despite challenging month for wider auto market, latest New AutoMotive figures reveal

Stuart Stone
clock 05 February 2026 • 6 min read
SBTi proposes updates to draft net zero standard for automotive sector

SBTi proposes updates to draft net zero standard for automotive sector

Draft framework aims to place greater emphasis on tackling emissions from the use of road vehicles and clarifies how 'zero emission vehicles' should be defined

Michael Holder
clock 04 February 2026 • 3 min read