Indonesia’s plans with China’s Tsingshan face pressure to uphold green standards

Apr 5, 2021 | INVESTING

A new industrial estate for metal smelting that Indonesia plans to build with China’s steel and nickel giant Tsingshan Holding Group in Borneo will provide the country with much-needed investment to develop its electric vehicles (EV) battery industry, but environmentalists warned that the project needs to be managed carefully so as not to devastate the surrounding area and its communities.Luhut Pandjaitan, Indonesia’s coordinating minister for maritime affairs and investment, said last week…

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