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Indonesia nickel company Merdeka Battery Materials plans US$580 million IPO

JAKARTA : Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah (US$580.29 million) in an initial public offering in April, a prospectus published on Tuesday showed.It will be the second nickel firm in Indonesia to go public this year

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Indonesia nickel company Merdeka Battery Materials plans $580 million IPO

Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah in an initial public offering in April, a prospectus published on... | March 28, 2023

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Nickel company Merdeka Battery Materials looks to raise $580m in Indonesia IPO

This will be the second nickel firm in Indonesia to go public this year after PT Trimegah Bangun Persada.

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