Ford Joins Investment with Vale Indonesia and Zhejiang's in Battery Material Factory
KONTAN.CO.ID - JAKARTA. Ford Motor Company officially holds shares in a nickel battery raw material factory that will be built in Indonesia in collaboration with PT Vale Indonesia Tbk. (INCO) and Zhejiang Huayou Cobalt Co.
As a result, the American car manufacturer now holds 8.5% of PT Kolaka Nickel Indonesia (KNI) shares.
