Coordinating Minister For Marves Says Tesla Has Signed A Nickel Purchase Contract Worth IDR 74.5 T

Illustration (Photo: Doc. Antara)

JAKARTA - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan revealed that the United States (US) car manufacturer Tesla has signed a contract to purchase battery raw materials from a nickel processing company in Indonesia worth US$5 billion or around Rp74.5 trillion.

"We are still negotiating this Tesla because they are still busy with their domestic affairs such as Twitter. But they have already signed a contract for the next 5 years," said Luhut in Jakarta, Monday, August 8.

Luhut added that Tesla had signed a contract with a nickel processing company operating in Morowali, Central Sulawesi.

The nickel will later be used in Tesla's lithium battery.

Previously, it was mentioned that the Tesla Team had also visited Indonesia, specifically to the nickel mine in Morowali and PT Vale Indonesia Tbk (INCO).

"Yesterday when the Tesla Team came to Morowali and in Vale, they were beyond amazing, he said I've never had anything like this outside of China, that's great," said Luhut during a Working Meeting at the Budget Agency (Banggar) of the DPR RI, Thursday. , June 9th.

Luhut said the Coordinating Ministry for Maritime Affairs and Fisheries had been in communication for the last two years with Elon Musk and Tesla.

The founder of SpaceX, he said, is very interested in investing in the nickel industry in Indonesia which is considered very promising to meet the needs of the electric vehicle ecosystem.