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Integrated EV battery project in Halmahera to break ground this month
The industrial complex will include a high pressure acid leaching (HPAL) smelter, precursor and cathode facilities and a battery cell plant.
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A worker installs the battery of a Hyundai IONIQ 5 electric car on April 6, 2023, at the Hyundai Motor Manufacturing Indonesia (HMMI) assembly plant in Cikarang, West Java. (JP/Rachmat Kurniawan)
T
he construction of an integrated electric vehicle battery ecosystem in East Halmahera, North Maluku is set to begin in the third week of June, Energy and Mineral Resources Minister Bahlil Lahadalia said.
Bahlil said on Tuesday that the project, which covers the EV supply chain from mineral processing to battery cell manufacturing, is expected to require between US$6 billion and $7 billion in investment.
“This is an EV battery project that brings together upstream to downstream operations in one location. Groundbreaking is planned for June,” he said in Jakarta during the 2025 Human Capital Summit.
The industrial complex will include a high-pressure acid leaching (HPAL) smelter, precursor and cathode facilities and a battery cell plant.
The project is part of Indonesia’s strategy to build value-added industries around its nickel resources, the minister said, without providing any details on the companies involved.
Bahlil said on May 22 that President Prabowo Subianto has approved the consortium involved in the construction of the EV battery factory and is ready to start construction soon, referring to an end-to-end EV battery ecosystem operated by the Chinese Huayou consortium.
The EV battery ecosystem project, which covers the entire value chain from mining and refining to a 20-gigawatt (GW) battery cell production facility, is a large-scale investment initiative valued at approximately $8 billion, he added.
