PT. CBL Indonesia Investment (CBL) is a Joint venture company established by CATL, Brunp, Lygend and Ruiting Investment in October 2020. Collaborate with ANTAM and IBC in building EV Battery Industry Chain Project, including Nickel Mining, RKEF, HPAL, Battery Materials, Battery Recycling and Battery Manufacturing, in FHT Industrial Park located at East Halmahera Regency, North Maluku Province, Indonesia. Total investment and estimated annual production value of the project around US$5.9 billion and US$5 billion respectively.CBL’s mining and electric vehicle battery raw material project in Indonesia is located in Halmahera Island, North Maluku Province, Indonesia, covering a total area of about 2,000 ha. The Industrial Park is easily accessible via air and land transport, and also has abundant shoreline resources. When the project construction is completed, the Industrial Park will emerge as an electric vehicle battery resource service provider ranging from the laterite nickel ore, nickel intermediate products and new energy battery raw materials as well as battery recycling.CBL head office official website:http://www.cbl.com.cn/en/