Key companies of Battery Technologies in Indonesia
13/12/24
By:
Kirana Putri

Indonesia is becoming an important player in the battery technology sector, particularly due to its vast natural resources, such as nickel, which is a key component in lithium-ion batteries. The country is positioning itself as a major hub for the production of electric vehicle (EV) batteries and energy storage solutions. Here are some key companies involved in battery technologies in Indonesia:
1. PT Pertamina (Persero)
Website: Pertamina
Headquarters: Jakarta, Indonesia
Main Business: Pertamina, Indonesia’s state-owned oil and gas corporation, is expanding into renewable energy and battery technology as part of its diversification strategy. The company has formed a joint venture with Indonesia Battery Corporation (IBC) to develop and produce EV batteries.
Key Initiatives: Development of an integrated battery industry in Indonesia, focusing on everything from raw material extraction to battery production for EVs and energy storage systems.
2. Indonesia Battery Corporation (IBC)
Website: N/A (as of current data, it is a consortium)
Headquarters: Jakarta, Indonesia
Main Business: IBC is a state-owned enterprise consortium consisting of four major Indonesian companies: PT Pertamina, PT PLN (State Electricity Company), PT Antam (Aneka Tambang), and PT Inalum (Indonesia Asahan Aluminium). The consortium focuses on building an integrated battery industry in Indonesia, from mining to battery cell manufacturing.
Key Initiatives: Large-scale investment in nickel-based battery production, collaboration with global partners to establish battery manufacturing plants, and support for Indonesia’s EV ecosystem.
3. PT Aneka Tambang Tbk (Antam)
Website: Antam
Headquarters: Jakarta, Indonesia
Main Business: Antam is a state-owned mining company that is heavily involved in the extraction of nickel and other minerals essential for battery production. The company is a key player in the supply chain for battery technologies in Indonesia.
Key Initiatives: Expansion of nickel mining operations to meet global demand for battery materials, collaboration with international battery manufacturers, and participation in Indonesia’s integrated battery industry strategy.
4. PT Inalum (Indonesia Asahan Aluminium)
Website: Inalum
Headquarters: Kuala Tanjung, North Sumatra, Indonesia
Main Business: Inalum is a state-owned enterprise that focuses on the production of aluminium, which is also used in battery manufacturing. The company is part of the Indonesia Battery Corporation and plays a significant role in the country’s battery technology ambitions.
Key Initiatives: Support for the battery industry through the production of aluminium for battery casings and components, and involvement in the broader strategy to develop Indonesia’s battery ecosystem.
5. PT PLN (Perusahaan Listrik Negara)
Website: PLN
Headquarters: Jakarta, Indonesia
Main Business: PLN is Indonesia's state-owned electricity company, which is increasingly focusing on renewable energy and energy storage solutions. The company is part of the Indonesia Battery Corporation and is investing in battery technologies for energy storage and grid stabilization.
Key Initiatives: Development of battery energy storage systems (BESS) to support renewable energy integration, involvement in EV charging infrastructure, and partnerships for battery production.
6. PT Harita Group
Website: Harita Group
Headquarters: Jakarta, Indonesia
Main Business: Harita Group is a diversified business conglomerate with interests in mining, particularly nickel and bauxite. The company is heavily involved in the nickel mining industry, which is crucial for the production of lithium-ion batteries.
Key Initiatives: Expansion of nickel mining and processing operations, partnerships with global battery manufacturers, and contribution to the raw material supply chain for battery production.
7. PT Vale Indonesia Tbk
Website: Vale Indonesia
Headquarters: Jakarta, Indonesia
Main Business: Vale Indonesia is a major producer of nickel in Indonesia, and its operations are critical to the country’s aspirations to become a key player in the global battery industry. Vale is expanding its operations to increase the supply of nickel for battery production.
Key Initiatives: Expansion of nickel production capacity, strategic partnerships with global battery and EV manufacturers, and involvement in Indonesia’s battery supply chain development.
8. PT Wijaya Karya (Persero) Tbk (WIKA)
Website: WIKA
Headquarters: Jakarta, Indonesia
Main Business: WIKA is a state-owned construction and engineering company that is expanding into the battery technology sector through its participation in the development of EV infrastructure and battery production facilities.
Key Initiatives: Construction of battery production plants, development of EV charging infrastructure, and investment in renewable energy and battery storage projects.
9. PT Indonesia Morowali Industrial Park (IMIP)
Website: IMIP
Headquarters: Morowali, Central Sulawesi, Indonesia
Main Business: IMIP is a large industrial park that focuses on the production of nickel and other minerals essential for battery manufacturing. The park houses several companies that are key suppliers to the battery industry.
Key Initiatives: Expansion of nickel processing facilities, development of partnerships with global battery manufacturers, and support for Indonesia’s battery industry ambitions.
10. PT Bakrie & Brothers Tbk
Website: Bakrie & Brothers
Headquarters: Jakarta, Indonesia
Main Business: Bakrie & Brothers is a diversified conglomerate with interests in infrastructure, energy, and manufacturing. The company is exploring opportunities in the battery technology sector, particularly in collaboration with international partners for EV battery production.
Key Initiatives: Exploration of joint ventures in battery production, investments in EV infrastructure, and strategic partnerships in the renewable energy sector.
These companies are instrumental in developing Indonesia's battery technology sector, which is poised for significant growth as the country seeks to become a key player in the global electric vehicle and energy storage markets. Their efforts are supported by government initiatives to leverage Indonesia’s rich natural resources and position the country as a major hub for battery production.
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