With regards to the Company's development projects in 1H22, Indonesian ANTAM is currently completing the construction phase of the ferronickel plant construction project & the supporting plant facility in East Halmahera in North Maluku, which will have an installed capacity of 13,500 tonnes Ni per annum. In relation to the development of the EV battery ecosystem, on April 2022, ANTAM with PT Industri Battery Indonesia and PT Ningbo Contemporary Brunp Lygend have signed the framework agreement on the development of an integrated EV Battery project. ANTAM and IBC also signed a similar agreement with LG Energy Solution.In addition, in line with ANTAM’s initiative to develop the added value of nickel ore laterite commodity, on August 2022, ANTAM and CNGR Advanced Material signed a Strategic Head of Agreement to develop the Industrial Park project through the development of nickel laterite processing facility with the Oxygen-Enriched Side-Blown Furnace technology. The processing plant will convert the nickel lateritic ore into nickel matte products as materials for further battery-grade materials production. The plant will be established with a total nameplate production capacity of 80,000 tonne of nickel per annum.In terms of developing the bauxite downstream process, the Company is currently focusing on the construction of the Smelter Grade Alumina Refinery plant in Mempawah, West Kalimantan, which was jointly developed with PT Indonesia Asahan Aluminum (Persero) with a processing capacity of 1 million tonnes of SGAR per annum.
With regards to the Company's development projects in 1H22, Indonesian ANTAM is currently completing the construction phase of the ferronickel plant construction project & the supporting plant facility in East Halmahera in North Maluku, which will have an installed capacity of 13,500 tonnes Ni per annum. In relation to the development of the EV battery ecosystem, on April 2022, ANTAM with PT Industri Battery Indonesia and PT Ningbo Contemporary Brunp Lygend have signed the framework agreement on the development of an integrated EV Battery project. ANTAM and IBC also signed a similar agreement with LG Energy Solution.In addition, in line with ANTAM’s initiative to develop the added value of nickel ore laterite commodity, on August 2022, ANTAM and CNGR Advanced Material signed a Strategic Head of Agreement to develop the Industrial Park project through the development of nickel laterite processing facility with the Oxygen-Enriched Side-Blown Furnace technology. The processing plant will convert the nickel lateritic ore into nickel matte products as materials for further battery-grade materials production. The plant will be established with a total nameplate production capacity of 80,000 tonne of nickel per annum.In terms of developing the bauxite downstream process, the Company is currently focusing on the construction of the Smelter Grade Alumina Refinery plant in Mempawah, West Kalimantan, which was jointly developed with PT Indonesia Asahan Aluminum (Persero) with a processing capacity of 1 million tonnes of SGAR per annum.