9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
American automaker ford signed a multi-billion dollar contract with Zhejiang Huayou Cobaltfrom China and EN Valley Indonesia. In this attachment $4.5 billion confirmed last Thursday (30), the aim
American automaker ford signed a multi-billion dollar contract with Zhejiang Huayou Cobaltfrom China and EN Valley Indonesia. In this attachment $4.5 billion confirmed last Thursday (30), the aim is to strengthen investment in electric vehicles and guaranteed raw materials used in modern car batteries. It is the main component for cars, as it represents approximately 40% of the price of the final product.
The goal is to strengthen investment in the electric vehicle sector and guarantee the raw materials used in the batteries of modern vehicles.
Another goal of this acquisition is to reduce the cost of its products and close the gap shown Teslamarks the link when the subject electric car. Indonesia has large reserves of nickel, a key material for battery production. The country is making efforts to develop raw metal recycling so that the components used in vehicles are viable.
High pressure acid leaching plantHPAL) can be found in little by littlelocation in where a nickel mine operates. Construction of a plant by mining companies FINE This huayu were launched in November 2022. It is expected that commercial operation will begin in the next three years, in 2026.
Febriani Eddy, chief executive of Vale Indonesia, said the investment will lead the automaker to explore for nickel. It is not reported how much will be spent on the plant, which is designed to produce 120 thousand tons annually from mixed hydroxide precipitatematerial used in batteries, extracted from nickel ore.
Febriani Eddy, CEO of Vale Indonesia, said the investment will lead the automaker to explore for nickel.
Christopher SmithFord’s director of public relations, explained:
“Ford can help ensure that the nickel we use in electric vehicle batteries is mined and produced to the same ESG standards that are part of our business around the world.”
The export of nickel was banned by the Indonesian government in 2020. The purpose of the restriction is to secure supplies for potential and active investors. Country Targeted Segment electric vehicles for some time now, mainly looking at large manufacturers such as Tesla and Chinese BYD.
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Mundo Conectado Deal Center: Selection of Discounts and Lowest Prices
Best deals on electronics, cell phones, TVs, soundbars, drones and more
Source: Folha de São Paulo.
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Source: Mundo Conectado
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
