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Search result with “Lg Investment” as a keyword founded 38 news.

Bahlil Takes Responsibility for LG’s Exit from $9.8b Battery Project

... LG to step aside due to persistent delays in its investment ... commitments. “The narrative that LG pulled out ... made in consultation with Investment Minister Rosan Roeslani and ... has committed to a total investment of $9.8 billion, allocated ...
Business May 22, 2025 | 7:29 pm

China’s Huayou to Break Ground on Indonesian EV Battery Project before August

... officially replacing South Korea's LG Energy Solution. Energy Minister ... in Jakarta. The aforementioned LG-backed HLI Green Power ... $2 billion in investment. Read More: LG to Reportedly Invest Another ... Indonesian Battery Cell Plant LG was supposed to participate ...
Business May 22, 2025 | 6:10 pm

LG to Reportedly Invest Another $1.7 Billion in Indonesian Battery Cell Plant

... firm Indonesia Battery Corporation (IBC). Investment Minister Rosan Roeslani said that ... that LG can quickly realize the [$1.7 billion] additional investment. Because ... we are actively discussing with LG, and we ...
Business Apr 29, 2025 | 4:41 pm

Korean Firms Commit $1.7 Billion in New Investments Following Meeting with Prabowo

... and following up on this investment opportunity," Airlangga said, referring ... Indonesia EV Battery Project Following LG’s Exit The meeting took ... government removed South Korea’s LG Energy Solution from a $9 ... delays. "We didn’t discuss LG today; the focus was on ...
Business Apr 28, 2025 | 5:26 pm

Indonesia Strengthens Economic Ties with South Korea

... on enhancing economic cooperation, expanding investment opportunities, and increasing collaboration in ... economic relations, particularly in new investment sectors, including plans for ... Lotte Group, Hyundai Motor Company, LG Group, SK Group, Posco Holdings ...
Business Apr 28, 2025 | 12:35 pm

Minister Rosan: LG Didn’t Quit EV Battery Project, We Ended It

... EV Battery Project Following LG’s Exit His statement ... last week that LG Energy Solution, along with LG Chem, LX ... change, Rosan stressed that LG Energy remains an active investor ... joint venture project under their investment plan,” Rosan concluded. The ...
Business Apr 24, 2025 | 3:39 pm

China’s Huayou to Join Indonesia EV Battery Project Following LG’s Exit

... the business well,” Investment Minister Rosan Roeslani ... 8 billion joint investment project. The investment spans upstream ... 1 billion investment. Read More: Jakarta Downplays LG Pullout from ... LG Consortium to Construct EV Battery Plant with $9.8B Investment ...
Business Apr 24, 2025 | 7:59 am

Jakarta Downplays LG Pullout from $7.7B EV Project, Eyes New Partners

... over South Korean conglomerate LG’s decision to withdraw ... electric vehicle (EV) battery investment. The government remains committed to ... Friday that LG Energy Solution, along with LG Chem, LX ... joint venture between Hyundai, LG Energy Solution, and Indonesia ...
Business Apr 23, 2025 | 11:06 am

How Nickel Industrialization Is Transforming Indonesia’s Economy

... $47.36 billion in new investment, created 180,600 new jobs ... companies like Tesla, CATL, and LG Energy Solution have expressed interest ...
Business Jan 30, 2025 | 4:18 pm

The Foreign Investors Who Invested in Indonesia in 2024

... plants. Indonesia secured some investment commitments from a number ... Seoul-based battery maker LG Energy Solution, and local ... to process business licenses. Investment Minister Rosan Roeslani once ... (AI) infrastructure. The investment will also go into providing ...
Business Dec 31, 2024 | 4:55 pm

Developing ASEAN’s Semiconductor Industry: Insights from Taiwan and South Korea

... was complemented by substantial government investment in research and development (R ... chaebols, such as Samsung and LG. These conglomerates have vertically integrated ...
Opinion Sep 26, 2024 | 1:47 pm

Jokowi Makes EV Investment Pitch to UAE Leader

... private meeting] mainly focused on investment partnership, among others on the ... Hyundai, Seoul-based battery manufacturer LG Energy Solution, and local firm ... largest source of foreign direct investment in that period.
Business Jul 17, 2024 | 10:25 pm

SE Asia's Largest Glass Factory to Begin Production in August

... Batang in August, according to Investment Minister Bahlil Lahadalia. KCC ... hectares of land. The investment value is worth around Rp ... , Seoul-based battery producer LG Energy Solution, and local ... “So the South Korean investment is mainly in the downstream ...
Business Jul 3, 2024 | 2:21 pm

Indonesia Launches ASEAN’s First EV Battery Cell Plant

... , Seoul-based battery manufacturer LG Energy Solution, and local ... .8 billion investment deal that Indonesia clinched with LG back in ... the Karawang project has an investment value worth around $1 ... take up $2 billion in investment, and the production capacity ...
Business Jul 3, 2024 | 12:03 pm

Minister Airlangga Attends Nikkei Forum’s Commemorative Dinner

... top brass of major companies LG CNS, Hyundai Motor Group, and ... . The LG CNS meeting zeroed in on data center investment talks, while ...
Special Updates May 24, 2024 | 10:41 am

Minister Airlangga Meets LG CNS Boss for Investment Talks

... South Korean tech giant LG Corporation in Seoul. According ... billion worth of foreign direct investment (FDI) from South Korea ... figures. Airlangga also welcomed LG CNS’s cooperation with Indonesian ... migration. Airlangga also welcomed LG CNS’s commitment to ...
Special Updates May 20, 2024 | 3:50 pm

Hyundai-LG Karawang Plant to Produce EV Batteries in April

... this April, according to Investment Minister Bahlil Lahadalia. The ... the Seoul-based battery producer LG Energy Solution, and Indonesia ... second phase has Hyundai-LG aiming to upscale the production ... cell that the Hyundai LG Indonesia Green Power produces ...
Business Mar 18, 2024 | 5:40 pm

Indonesia Needs to Incentivize EV Battery Recycling Industry: Expert

... that nickel smelters enjoyed. The Investment Affairs Coordinating Ministry revealed last ... that nickel smelters with an investment of at least Rp 30 ... and Seoul-based battery maker LG Energy Solution are currently constructing ...
Business Feb 20, 2024 | 6:15 pm

Luhut Counters Tom Lembong's Statements on Tesla's Nickel Transition

Jakarta. Chief Investment Minister Luhut Binsar Pandjaitan has ... by former head of the Investment Coordinating Board (BKPM) Thomas Trikasih ... supplied by South Korea's LG. Additionally, nickel-based lithium batteries ...
News Jan 25, 2024 | 11:20 am

Bahlil Denies Nickel Being Less Popular Than LFP Batteries

... EV) market, according to Investment Minister Bahlil Lahadalia. Indonesia ... batteries, according to the Investment Ministry. Slides shown ... approximately $42 billion in investment for its EV battery ... South Korean battery manufacturer LG Energy Solution. China’s ...
Business Jan 24, 2024 | 7:12 pm
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