LG Moves to Partake in Indonesia’s EV Battery Supply Chain

Following the construction of a battery fabrication plant in Indonesia, coupled with its joint project with IBC, LG is dominating the battery business, from upstream to downstream, in the country.

Bisnis, JAKARTA — Alongside the ongoing negotiations with Antam, LG Corp, through its affiliate company LX International (LXI), has acquired shares of nickel company PT Adhi Kartiko Pratama Tbk. (NICE).

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