Merdeka Battery’s Nickel Allure Draws BlackRock Cs to Snap Up MBMA Shares

Merdeka Battery’s Nickel Allure Draws BlackRock Cs to Snap Up MBMA Shares

BlackRock and other major investors are reportedly going on an MBMA stock-buying spree.

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Jumat, 4 Juli 2025 | 07:00

Bisnis.com, JAKARTA — BlackRock Inc., the world’s largest asset manager, has continued to raise its stake in PT Merdeka Battery Materials Tbk. (MBMA).

Since initiating its position in April 2025, the firm has consistently increased its holdings in the battery materials issuer—a joint venture between Garibaldi ‘Boy’ Thohir and the Saratoga Group.

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