[Hyundai Motor Group and Huayou Cobalt Jointly Built a Power Battery Recycling System in Indonesia] Recently, Hyundai Motor Group signed a cooperation agreement with Zhejiang Huayou Recycling Technology Co., Ltd. (a subsidiary of Huayou Cobalt) to jointly build an EV power battery recycling system in Indonesia. The cooperation covered the recycling and utilization of battery production scrap and end-of-life batteries, aiming to achieve a closed-loop resource system throughout the entire battery life cycle.

[Toyota Indonesia Warns Escalating Middle East Conflict May Affect Exports and Global Supply Chains] Toyota Motor Manufacturing Indonesia (TMMIN) recently stated that the continuously escalating conflict in the Middle East could have multi-stage impacts on the company's export business and global supply chains. Bob Azamangkat, the company's vice chairman, told Indonesian automotive media that the company is currently continuing to assess potential fluctuations in energy prices and disruptions to international logistics routes that the conflict may trigger.

Hyundai Motor Group announced on the 12th that it has signed a memorandum of understanding (MOU) with Huayou Recycling. The agreement focuses on building an EV battery circular economy ecosystem in Indonesia.

The Indonesian Ministry of Energy and Mineral Resources (ESDM) updated its 2026 coal production target to 733 million tonnes, up from earlier estimates of a 600 million tonne cap. The revision aims to balance global supply security with price stability as Southeast Asian demand for industrial coal remains high.

Indonesian steel producer PT Bahagia Steel has partnered with SMS Group to install a new twin-strand rebar production line at its Kampung Wringinanom site. The project is part of a plan to reach a total capacity of 1.2 million tonnes per annum (mtpa) to serve Southeast Asia’s growing infrastructure demand.

[SMM Aluminum Express News] Indonesia's Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, held a bilateral meeting with Japan's Minister of Economy, Trade and Industry (METI), Ryosei Akazawa, on the sidelines of the Indo Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo, Japan, March 15, 2026. A key outcome was the signing of a Memorandum of Cooperation in two strategic areas: 1. Critical minerals (focusing on secure, sustainable supply chains for nickel, bauxite, lithium, rare earths, and others essential for batteries, EVs, and green tech). 2. Nuclear energy (covering technology transfer, human resource development, safety standards, regulatory alignment, and potential collaboration on small modular reactors or other advanced nuclear solutions).