Indonesia, which has the biggest nickel reserves in the world, has been trying to develop downstream industries for the metal, with ambitions to eventually produce batteries and electric vehicles.
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Ford, Vale Indonesia, Huayou sign deal for $4.5 billion EV battery material plant
![Ford, Vale Indonesia, Huayou sign deal for $4.5 billion EV battery material plant Ford, Vale Indonesia, Huayou sign deal for $4.5 billion EV battery material plant](https://responsive.fxempire.com/width/600/webp-lossy-70.q50/_fxempire_/2023/03/tagreuters.com2023newsml_LYNXMPEJ2T09G2.jpg)