Freeport Indonesia Inaugurated New Copper Smelter
Indonesia recently inaugurated Freeport’s expanded copper smelter in Gresik, East Java, coinciding with the government’s forthcoming permanent ban on copper concentrate exports. The USD 250 million project bolsters the processing capacity of Smelting, a...
Careplus and Go Auto’s Joint Venture to Build USD 127 Million GreenTech Facility for Electric Vehicle Production
Malaysia’s Careplus Group Bhd, a medical device manufacturer, and Go Auto Group Sdn Bhd, a local automotive importer, are collaborating through their joint venture, NexV Manufacturing Sdn Bhd. to construct a MYR 600 million (USD 127 million) green technology...
Foreign EV Manufacturers to Set Up Shops in the Philippines
The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two Chinese electric vehicle manufacturers, one American maker of e-buses, e-heavy equipment, and...