DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Ritsuko Shimizu - 1 Katsuya Tanaka - 1 ARL.AX - 1 Masaru Takebayashi - 1 Yuka Obayashi - 1 David Evans - 1
Top related locs:
Tokyo Japan United States Niihama Pomalaa Kalgoorlie Western Australia
Top related orgs:
Sumitomo Metal Mining - 1 REUTERS - 1 Rights - 1 Sumitomo Metal - 1 Panasonic - 1 U.S - 1 Kalgoorlie Nickel - 1 Mitsubishi - 1

Search resuls for: "Pomalaa"


4 mentions found


☆ Sumitomo Metal Mining looks to boost battery materials output, possibly in US
  + stars: | 2023-11-16 | by ( Yuka Obayashi | Thomson Reuters | Yuka Obayashi Reports On Japan'S Energy | ) www.reuters.com   time to read: +2 min
The logo of Sumitomo Metal Mining Co is pictured at the company's headquarters in Tokyo, Japan, September 13, 2018. REUTERS/Ritsuko Shimizu/File Photo Acquire Licensing RightsTOKYO, Nov 16 (Reuters) - Japan's Sumitomo Metal Mining (5713.T) is considering producing cathode battery materials in the United States among other options as it looks to expand output to meet demand from electric vehicles, an executive said on Thursday. Sumitomo Metal plans to bolster its annual output capacity to 120,000 tons by March 2028 and 180,000 tons by March 2031. The consortium consists of Sumitomo Metal, Mitsubishi (8058.T) and Mitsui (8031.T). Sumitomo Metal is targeting to boost annual nickel output capacity to 150,000 tons in a long-term from 82,000 tons now.
Persons: Ritsuko Shimizu, Katsuya Tanaka, ARL.AX, Masaru Takebayashi, Yuka Obayashi, David Evans Organizations: Sumitomo Metal Mining, REUTERS, Rights, Sumitomo Metal, Panasonic, U.S, Kalgoorlie Nickel, Mitsubishi, Mitsui, Thomson Locations: Tokyo, Japan, United States, Niihama, Pomalaa, Kalgoorlie, Western Australia
☆ Metals-rich Indonesia’s IPO market is so red-hot it’s thrashing Hong Kong and India
  + stars: | 2023-05-28 | by ( Anna Cooban | ) edition.cnn.com   time to read: +7 min
It has overtaken Hong Kong — long one of the top IPO markets — for the first time since 1995, and is outpacing economic powerhouses India, South Korea and Japan. Global IPO slowdownPart of Indonesia’s IPO success this year can be explained by lackluster performances elsewhere. The US IPO market, usually the world’s largest, has suffered given its reliance on particularly rate-sensitive tech companies, Lee said. Mining company Harita Nickel raised $660 million in its market debut last month, Indonesia’s biggest listing so far this year. “Our increasing conviction in [Indonesian companies] comes from how its government maximizes the potential of its bountiful raw materials,” he wrote.
☆ Volkswagen to partner with Vale, Ford, Huayou on Indonesia EV battery ecosystem -minister
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +1 min
JAKARTA, April 17 (Reuters) - Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China's battery minerals producer Zhejiang Huayou Cobalt, the Southeast Asian country's investment minister said. Minister Bahlil Lahadalia said in a video statement Volkswagen, Europe's biggest automaker, will work with Vale, Ford, Huayou, French miner Eramet and several Indonesian firms such as Merdeka Gold Copper, the parent company of Merdeka Battery, and energy firm Kalla Group. Volkswagen, Ford, Eramet, Merdeka Battery, Kalla Group, Merdeka Gold Copper did not immediately respond to requests for comment. PT Vale Indonesia declined to comment. Last month, Ford (F.N) inked its first investment in Indonesia by joining Vale Indonesia and Huayou in a $4.5 billion nickel processing plant in Pomalaa in Southeast Sulawesi, where Vale operates a nickel mine.
☆ Ford signs $4.5 bln deal with Vale Indonesia, Huayou for EV battery material plant
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: +1 min
SOROWAKO, Indonesia, March 30 (Reuters) - U.S. carmaker Ford Motor Co (F.N) signed a final investment agreement with PT Vale Indonesia (INCO.JK), and China's Zhejiang Huayou Cobalt on Thursday to build nickel processing plant, valued at around $4.5 billion. Indonesia, which has the biggest nickel reserve in the world, has been trying to develop downstream industries for the metal, with ambitions to eventually produce batteries and electric vehicles. Vale and Huayou commenced construction of the plant in November. Thursday's signing was a follow up to a non-binding memorandum of cooperation for the plant that the three companies had signed last year. Indonesia's government has from 2020 banned export of unprocessed nickel ore to ensure supply for existing and potential investors.
0 next >>
Total: 4