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On March 30, 2023, PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. announced a collaboration with global automaker Ford Motor Co. for a HPAL project, which aims to enhance sustainable nickel production in Indonesia, with the resulting nickel products being integrated into Ford's battery raw material supply chain.
Vale was looking to divest from its tar baby, [76] as early as December 2022. [77] As the time VBM was a supplier to Tesla and General Motors . [ 77 ] Reports were afoot that GM, Mitsui , and the Saudi Public Investment Fund were interested buyers of a 10% stake. [ 77 ]
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".
Gerbang Nusajaya is a township in Iskandar Puteri, Johor, Malaysia. [1] The site is the second phase of development of Iskandar Puteri and is being developed over a 25-year period by Malaysian firm UEM Sunrise Berhad. [2] Major projects in Gerbang Nusajaya include a Science park, a motorsports hub, and mixed commercial and residential properties.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
The Genting Group is headquartered in Wisma Genting in Kuala Lumpur, Malaysia. [9] The Group comprises the holding company Genting Berhad (MYX: 3182), its listed subsidiaries Genting Malaysia Berhad (MYX: 4715), Genting Plantations Berhad (MYX: 2291), Genting Singapore Plc (SGX: G13), as well as its wholly owned subsidiary Genting Energy Limited.
Vale Inco's Indonesian joint venture PT Vale Indonesia Tbk, an Indonesian company which is 20 percent publicly owned , is located in Soroako. In August 2011, a dispute began because PT Inco broke its promise to build 2 smelters in Pomala and Bahodopi in 2005 and 2010 respectively, and to hand over 50,000 hectares of its 118,000-hectare ...
Astra International, Tbk. is an Indonesian conglomerate [1] controlled by Jardine Cycle & Carriage. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.