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JAKARTA: The company behind an industrial park in central Indonesia that is becoming a nickel production powerhouse says it is implementing measures to address growing environmental concerns over production of the commodity, a key component of stainless steel and batteries for electric vehicles (EVs).
(Bloomberg) -- The company behind an industrial park in central Indonesia that is becoming a nickel production powerhouse says it is implementing measures to address growing environmental concerns over production of the commodity, a key component of stainless steel and batteries for electric vehicles. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Econo
Nickel production in Indonesia is particularly carbon intensive — every ton of the metal-equivalent produced emits an average of 58.6 tons of carbon-dioxide-equivalent, data has shown.