Indonesia's Largest Battery Anode Material Plant Comes Onstream

On August 7, 2024, the annual output of 80,000 tons of lithium battery anode material integration project invested and constructed by Betray in Indonesia held a commissioning ceremony at Kendall Park in the Central Java Industrial Belt, where Indonesian President Joko led five Cabinet ministers to personally inaugurate the plant and greatly admired the efficient landing and commissioning of Betray's project.

In October 2023, Bethel and Singapore Stellar The company co-financed the construction of an annual output of 80,000 tons of lithium battery anode material production base in IMIP Park in Castle Peak, Central Sulawesi Province, Indonesia and Kendall KIP Park in the Central Java Industrial Belt, with an investment of US$478 million in the first phase of the project and an expected investment of US$299 million in the second phase.

Betray chairman He Xueqin said at the commissioning ceremony, Betray Indonesia project completed and put into operation, filling the blank of Indonesia and even the entire ASEAN region in the field of anode materials for lithium-ion batteries, two-phase project put into operation, the total capacity of anode materials of Indonesia Betray will reach 160,000 tons, Indonesia will become the second largest anode material production country in the world after China, making Indonesia become the largest anode material production country in the world after China, which will strongly promote the improvement of the whole industry chain of new energy full-production lithium industry in Indonesia. Promote the improvement of the whole industrial chain of new energy lithium industry in Indonesia.

Betray New Materials Group is a listed lithium battery materials company headquartered in Shenzhen, has been fourteen consecutive years negative electrode materials market share to maintain the world's first, as Panasonic,Samsung SDIIt is a core manufacturer and supplier of global mainstream lithium battery manufacturers, such as Ningde Times and BYD.

Earlier, on July 3rd, President Joko attended the unveiling ceremony of Indonesia's first electric vehicle battery factory, which was jointly invested by South Korea's Hyundai, LG and Indonesia Battery Group, with a total investment of US$3.1 billion, making the battery factory the first and largest electric vehicle battery factory in Southeast Asia, and at the end of June 2024, Freeport invested US$3.6 billion in a world's largest copper smelting plant in the East Java industrial belt. At the end of June 2024, Freeport of Indonesia invested US$3.6 billion to build the world's largest copper smelter in East Java industrial zone in Indonesia for trial operation, and in May 2024, BYD announced the construction of a plant in SSubang Smartpolitan in the Yavan industrial zone, with an investment of US$1.3 billion on a 108-hectare site. in January 2024, Hailiang invested US$860 million in Indonesia to put into operation the 100,000-tonne-per-year high-performance electrolytic copper foil project, which has made Indonesia an increasingly important player in the global new energy battery industry chain. global new energy battery industry chain more and more occupy a place.

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