Energy & Science
China Nickel and Steel Giant Answers Big Auto’s Call for Green EV Batteries
- Tsingshan aims for net-zero emissions at Indonesian plants
- ‘Green’ metal is very important for the EV market, CRU says
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A Chinese group aiming to supply nickel for electric vehicles is planning a suite of renewable-energy plants in Indonesia to clean up its metal smelters and meet demands from carmakers for greener battery materials.
Tsingshan Holding Group Co., the world’s top producer of nickel and stainless steel, will build 2,000 megawatts of solar and wind capacity in the next three to five years in Indonesia, it said in a WeChat announcement on Monday. It’s also planning 5,000 megawatts of hydro power, it said without giving a timeline.