Bisnis.com, JAKARTA – The Dragon Project, a $5.9 billion electric vehicle (EV) battery ecosystem development that encompasses nickel mining, smelter construction, and battery recycling, is projected to provide Indonesia with $48 billion in added value, claimed President Prabowo Subianto.
According to the President, the project — initially kick-started by Chinese giant Contemporary Amperex Technology Co. Ltd. (CATL) and later joined by Indonesia Battery Corporation and state-owned mining company PT Aneka Tambang Tbk. (ANTM) — will provide significant added value that will stimulate both regional and national economies.
