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Kalla Group Collaborates with 3 European Companies to Develop Nickel Project in Gowa

www.inews.id

Thu 20 Jul 2023, 10:00 AM

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Kalla Group together with Eramet, PowerCo SE and Stellantis NV formed an international consortium for the development of environmentally friendly electric vehicle centers or "Responsible Green Electric Vehicles" (RGEV) in Indonesia.

The signing of the cooperation was witnessed directly by the Minister of Investment/Head of the Investment Coordinating Board, Bahlil Lahadalia.

Eramet is a mining company from France; PowerCo is a subsidiary of the German Volkswagen group focused on developing the EV battery value chain, and Stellantis NV is one of the world's leading automotive companies.

The Kalla Group, one of the largest business groups in Eastern Indonesia, is engaged in the construction, automotive and energy sectors.

In the future the consortium will become the backer of the GOWA Project—the planned premier greenfield nickel project in Indonesia—which will serve as the cornerstone of the "RGEV Hub" and the associated value chain it aims to achieve. 

"The consortium is ready to complete all administrative and technical requirements needed to obtain assignment permits and other exploration and mining permits related to the GOWA Project, as well as mobilize the resources needed to start exploration activities in accordance with Environmental, Social and Governance (ESG) extractive standards. the highest," said the consortium's official statement, Wednesday (12/7).

The GOWA Project aims to integrate responsible mining and processing practices in accordance with the principles set out by The Initiative for Responsible Mining Assurance (IRMA). 

This project aims to become a flagship project that promotes sustainable extraction and processing practices, in line with Indonesia's vision to make the country a leading tier-one electric vehicle industry ecosystem.

The entire GOWA Project industrial chain is planned to be supported by the potential of a hydroelectric power network originating from Sulawesi's abundant hydrological resources. 

This innovative approach, leveraging state-of-the-art national expertise, will position the industrial estate as one of the most low carbon dioxide (CO2) nickel-based integrated operations in Indonesia.

Through the GOWA Project, consortium members also focus on driving sustainable growth, technological innovation and social progress in the Indonesian region.

Image source: www.inews.id

Source: https://www.fortuneidn.com/news/friana/kalla-group-gandeng-3-perusahaan-eropa-kembangkan-proyek-nikel-di-gowa

Image source: www.inews.id

Source Link: https://www.fortuneidn.com/news/friana/kalla-group-gandeng-3-perusahaan-eropa-kembangkan-proyek-nikel-di-gowa

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