Construction begins on Indonesia electric vehicle battery raw materials plant
A new plant for EV battery raw materials is being built, which adds future supply capacity for battery inputs.
Source →The trace
How it reaches your house.
Starting from Nickel sulfate (battery grade), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Cobalt and battery minerals →supply upHydrometallurgical Processing / HPAL
The new Indonesian battery-material plant directly expands hydrometallurgical (HPAL) processing capacity, so this step becomes more available.
93% confidenceCobalt and battery minerals →supply upNickel Sulfate (Battery Grade)
HPAL plants in Indonesia convert laterite ore into battery-grade intermediates, which should increase nickel sulfate availability for EV batteries.
86% confidenceNickel sulfate (battery grade) →supply upOnce the Indonesian plant ramps, added nickel sulfate capacity should ease a key battery cathode input and make lithium-ion battery production more available.
Hop 2
Nickel Sulfate (Battery Grade) →supply upA new battery-raw-materials plant in Indonesia directly expands nickel sulfate capacity sourced from Indonesia, increasing the country's supply share of this input.
74% confidenceLithium-ion batteries →supply upNickel sulfate (battery grade)
A new EV battery raw-materials plant directly adds future supply capacity for a critical battery input, and this edge captures nickel sulfate as an important input to lithium-ion batteries.
74% confidenceNickel Hydroxide (NiMH cathode) →supply upHop 3
CNGR Advanced Material Co., Ltd. →supply upNickel Hydroxide (NiMH cathode)
The announced Indonesian battery raw materials plant should add supply to nickel-based battery input markets, and CNGR's 15% share in Nickel Hydroxide means this market is meaningfully exposed to that added capacity.
57% confidenceSumitomo Metal Mining Co., Ltd. →supply upNickel Sulfate (Battery Grade)
A new Indonesia EV battery raw-materials plant should add future supply in battery-grade nickel products, easing the nickel-sulfate market where Sumitomo is an established supplier.
56% confidenceCNGR Advanced Material Co., Ltd. →supply upHop 4
Synthetic Graphite Anode Material →supply upThe new Indonesian battery-raw-materials plant adds supply capacity in a country that already accounts for 33.2% of Synthetic Graphite Anode Material supply, so Indonesia's availability of this input should rise.
84% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Lithium-ion batteries · Household batteries
In the MyPRIA app, this is checked against your own holdings.