Pure Battery Technologies Plans Indonesia's First pCAM Plant with USD 350 Million Investment

Australian battery materials company Pure Battery Technologies has announced plans to invest around USD 350 million in a precursor cathode active material (pCAM) production facility in Indonesia. Reported on July 5, 2026, the proposed project is expected to establish the country's first pCAM manufacturing plant, representing a significant milestone in the development of Indonesia's electric vehicle battery value chain. By producing a critical battery material domestically, the investment is intended to strengthen local industrial capabilities and support the nation's long-term ambitions of becoming a major global EV battery manufacturing hub.

The proposed investment was discussed during a meeting between Pure Battery Technologies Chairman and Indonesia's Deputy Minister of Investment and Downstream Development, who also serves as the Deputy Head of the Investment Coordinating Board (BKPM). The discussions took place during the deputy minister's official working visit to Sydney on June 29–30, where both parties reviewed opportunities for cooperation, assessed the readiness of potential investment locations, and explored practical measures to accelerate implementation of the planned manufacturing project.

Key Highlights of the Planned Investment

The planned project is designed to strengthen Indonesia's battery materials ecosystem by introducing domestic pCAM production capabilities. The discussions focused on several important aspects of the proposed investment.

• Investment valued at approximately USD 350 million.
• Planned to become Indonesia's first precursor cathode active material (pCAM) plant.
• Supports the country's expanding electric vehicle battery industry.
• Discussions included project readiness, collaboration opportunities, and implementation timelines.

Indonesia's Battery Supply Chain Development

According to the Deputy Minister, Indonesia has already established High Pressure Acid Leach (HPAL) processing capacity and is approaching the addition of battery cell manufacturing capabilities. However, precursor cathode active material and cathode manufacturing remain essential stages needed to complete the country's domestic battery supply chain. The proposed facility is expected to process Mixed Hydroxide Precipitate (MHP) generated from existing HPAL operations into pCAM, helping bridge one of the final gaps in Indonesia's integrated battery ecosystem while adding greater value to locally produced battery materials.

Frequently Asked Questions

What is the significance of Pure Battery Technologies' planned pCAM facility in Indonesia?
The proposed facility is expected to become Indonesia's first precursor cathode active material (pCAM) manufacturing plant with an investment of around USD 350 million. It will process Mixed Hydroxide Precipitate (MHP) from existing High Pressure Acid Leach (HPAL) operations into pCAM, addressing a key missing stage in the country's battery supply chain. The project is intended to strengthen Indonesia's integrated EV battery ecosystem, enhance domestic value addition, and support future battery cell manufacturing development.