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plants","indonesia-expands-presence-in-ev-supply-chain-with-chinese-cathode-and-anode-plants","article/indonesia-expands-presence-in-ev-supply-chain-with-chinese-cathode-and-anode-plants",{"_uid":547,"date":548,"tags":549,"editor":556,"content":566,"excerpt":711,"featured":50,"reporter":712,"_editable":716,"component":717,"seo_title":543,"categories":718,"visibility":723,"author_company":49,"featured_image":724,"seo_description":711,"author_full_name":49,"author_job_title":49,"formattedDate":729,"formattedArticleDate":730},"f8b1b4ea-be79-4e5c-805d-e4dbf7617c2b","2023-03-20 00:00",[550,553],{"slug":551,"name":552},"china","China",{"slug":554,"name":555},"indonesia","Indonesia",[557],{"slug":558,"name":559,"content":560},"matthew-bird","Matthew Bird",{"job_title":561,"image":562,"bio":564,"linkedin":565},"Senior Editor - Supply Chains & Data Visualisation",{"filename":563},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":567,"content":568},"doc",[569,576,581,586,601,614,619,624,629,634,639,646,651,656,661,666,671,676,681,686,691,696,701,706],{"type":570,"attrs":571,"content":572},"paragraph",{"textAlign":49},[573],{"text":574,"type":575},"Indonesia, the world’s biggest nickel producer, is moving further downstream in the electric vehicle supply chain, with its first cathode and anode plants due to be built this year. ","text",{"type":570,"attrs":577,"content":578},{"textAlign":49},[579],{"text":580,"type":575},"Jiangsu Lopal Tech, one of China’s largest producers of LFP cathode, said last month that it would invest $290 million to build a lithium iron phosphate (LFP) cathode plant in Indonesia, with production slated to start this year. ",{"type":570,"attrs":582,"content":583},{"textAlign":49},[584],{"text":585,"type":575},"China’s largest anode producer BTR also said this month its anode project in the country had also started construction. ",{"type":570,"attrs":587,"content":588},{"textAlign":49},[589,591,599],{"text":590,"type":575},"The two plants mark the ",{"text":592,"type":575,"marks":593},"first moves overseas",[594],{"type":595,"attrs":596},"link",{"href":597,"uuid":49,"anchor":49,"target":49,"linktype":598},"about:blankhttps://source.benchmarkminerals.com/article/lopal-first-chinese-company-to-build-lfp-battery-cathode-plant-outside-of-china","url",{"text":600,"type":575}," by Chinese mid-stream companies, who dominate global production of cathodes and anodes used in lithium ion batteries. ",{"type":570,"attrs":602,"content":603},{"textAlign":49},[604,606,612],{"text":605,"type":575},"The investments will help to reduce a forecast ",{"text":607,"type":575,"marks":608},"deficit of critical battery materials",[609],{"type":595,"attrs":610},{"href":611,"uuid":49,"anchor":49,"target":49,"linktype":598},"https://source.benchmarkminerals.com/article/europe-faces-cathode-and-anode-shortage-in-drive-to-evs",{"text":613,"type":575}," outside of China, as the electric vehicle supply chain begins to take shape in the US, Europe and Southeast Asia. ",{"type":570,"attrs":615,"content":616},{"textAlign":49},[617],{"text":618,"type":575},"As a result of increased investment in LFP cathodes globally China’s share of planned LFP cathode capacity has fallen from 98.1% in March 2022, to 93.1% as of March 2023, according to Benchmark.",{"type":570,"attrs":620,"content":621},{"textAlign":49},[622],{"text":623,"type":575},"The investments also fulfil the aims of Indonesian president Joko Widodo, who wants to build a full electric vehicle supply chain in the country. ",{"type":570,"attrs":625,"content":626},{"textAlign":49},[627],{"text":628,"type":575},"Chinese companies have invested billions of dollars over the last few years in nickel processing facilities across Indonesia, making the country the biggest producer of nickel for the electric vehicle supply chain. ",{"type":570,"attrs":630,"content":631},{"textAlign":49},[632],{"text":633,"type":575},"Jokowi, as he is known, has also been trying to attract Tesla to build a battery plant in Indonesia, saying he would offer the automaker a nickel concession in return. ",{"type":570,"attrs":635,"content":636},{"textAlign":49},[637],{"text":638,"type":575},"“Indonesia is one of the best locations for China to step into the global lithium ion battery market,” Albert Li, an analyst at Benchmark, said. “Indonesia has nickel and cobalt resources, lithium is close by in Australia… plus the population and labour to support this whole supply chain from mining all the way to EV just like China.”",{"type":640,"attrs":641,"content":643},"heading",{"level":642,"textAlign":49},4,[644],{"text":645,"type":575},"Cathode comes to Indonesia ",{"type":570,"attrs":647,"content":648},{"textAlign":49},[649],{"text":650,"type":575},"Lopal said the plant in Semarang, Central Java, would begin production by the end of 2023, and would be brought online in stages. ",{"type":570,"attrs":652,"content":653},{"textAlign":49},[654],{"text":655,"type":575},"The first phase of the project will target 30,000 tpa of capacity, Lopal said. A second phase of 90,000 tonnes of annucal capacity will depend on the “market situation,” it said. ",{"type":570,"attrs":657,"content":658},{"textAlign":49},[659],{"text":660,"type":575},"The facility will produce LFP cathode material for use within cells destined for local EV and ESS markets.",{"type":570,"attrs":662,"content":663},{"textAlign":49},[664],{"text":665,"type":575},"Indonesia currently has a pipeline cell capacity of 10 GWh, with South Korean Tier 1 cell producer, LG Energy Solution, is planning a JV project with South Korean automaker, Hyundai, in Karawang, West Java.",{"type":570,"attrs":667,"content":668},{"textAlign":49},[669],{"text":670,"type":575},"The site will constitute Lopal’s first production outside of China, as the company currently has 168,000 tpa of operational capacity across plants in Suining, Tianjin, and Changzhou.",{"type":570,"attrs":672,"content":673},{"textAlign":49},[674],{"text":675,"type":575},"Lopal, which is a supplier to China’s largest battery producer CATL, said this month that around 40 to 50% of its LFP cathode was used in energy storage products, and the rest in transport batteries. ",{"type":570,"attrs":677,"content":678},{"textAlign":49},[679],{"text":680,"type":575},"Its other clients include REPT Battery, a lithium ion battery company owned by China’s largest nickel producer Tsingshan. Tsingshan is the largest processor of nickel in Indonesia. ",{"type":570,"attrs":682,"content":683},{"textAlign":49},[684],{"text":685,"type":575},"Lopal has a global pipeline capacity to 663,000 tpa, according to the Benchmark Cathode Assessment.",{"type":570,"attrs":687,"content":688},{"textAlign":49},[689],{"text":690,"type":575},"Lopal said the project would have a capacity to produce 120,000 tonnes of LFP cathode materials, with 30,000 tonnes in the first phase starting production by the end of 2023. The remaining capacity would “depend on the market situation,” it said. ",{"type":640,"attrs":692,"content":693},{"level":642,"textAlign":49},[694],{"text":695,"type":575},"BTR goes global ",{"type":570,"attrs":697,"content":698},{"textAlign":49},[699],{"text":700,"type":575},"Last summer BTR said it would invest $478 million to build an 80,000 anode plant in the Morowali industrial park with Stellar Investment PTE.  ",{"type":570,"attrs":702,"content":703},{"textAlign":49},[704],{"text":705,"type":575},"The company said this month the plant had started construction, without giving more details.",{"type":570,"attrs":707,"content":708},{"textAlign":49},[709],{"text":710,"type":575},"Beijing-listed BTR is the world’s largest anode producer with around 400,000 tonnes a year of production capacity, according to Benchmark. ","Indonesia, the world’s biggest nickel producer, is moving further downstream in the electric vehicle supply chain, with its first cathode and anode plants due to be built this year. Jiangsu Lopal Tech, one of China’s largest producers of LFP cathode, said last month that it would invest $290 million to build a lithium iron phosphate […]",[713],{"slug":558,"name":559,"content":714},{"job_title":561,"image":715,"bio":564,"linkedin":565},{"filename":563},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"f8b1b4ea-be79-4e5c-805d-e4dbf7617c2b\", \"id\": \"\"}-->","article",[719,721],{"slug":720,"name":261},"anode",{"slug":722,"name":298},"cathode","private",{"id":49,"alt":725,"name":725,"focus":725,"title":725,"source":725,"filename":726,"copyright":725,"fieldtype":727,"meta_data":728,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/2dadbfe914/bm-credit-imo-e1571740886342-711253b6c0c.jpg","asset",{"alt":725,"title":725,"source":725,"copyright":725},"Mar 20, 2023","20th March 2023",[],[],1786376345013]