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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. On the other hand, Indonesia also needs to consider measures to accelerate the growth of renewables within this decade.

Indonesia 195
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Stellantis eyes nickel supply in Indonesia

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The legacy automaker is reportedly discussing a potential investment into a nickel smelter in Indonesia with Vale and China-based Huayou Cobalt. PT Vale Indonesia is a nickel miner that invests in Sulawesi island. Stellantis, Vale, and Huayou Cobalt are considering an investment in a high-pressure acid-leaching plant in Indonesia.

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Lithium Carbonate, EXW China, ?99.0%

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Tesla gets proposal from Indonesia for EV plant with an annual production capacity of 500k

Teslarati

Indonesia continues to woo Tesla with a proposal for an EV factory with an annual production capacity of 500,000 cars. The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their carbon footprint.

Indonesia 145
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Canada Nickel launches subsidiary to develop zero-carbon production of nickel, cobalt and iron

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has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products. Canada Nickel Company Inc.

Canada 318
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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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Pertamina and Eni to collaborate on low-carbon products and renewable energies; Indonesian bio-refinery

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The parties are willing to discuss collaboration opportunities in low-carbon products and renewable energies development. Finally, Eni and Pertamina will discuss cooperation and business opportunities both in Indonesia and internationally in renewable projects.

Renewable 230