Energy Insider: CATL Breaks Ground on Joint Battery Plant in Spain
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CATL Breaks Ground on Joint Battery Plant in Spain
Contemporary Amperex Technology Co. Ltd. (CATL) and Stellantis NV held a groundbreaking ceremony on Wednesday for a joint lithium iron phosphate (LFP) battery factory in Spain’s Aragon region. With a planned investment of 4.1 billion euros ($4.7 billion), the project is one of the largest Chinese investments in Spain to date and will run entirely on renewable energy, with production scheduled to begin by the end of 2026.
Chinese Miners Urged to Rethink Indonesia Playbook
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- CATL and Stellantis broke ground on a €4.1 billion LFP battery plant in Spain, set to run on renewables and start production by end-2026.
- Chinese miners operating in Indonesia are urged to adopt more localized, sustainable strategies amid tighter nickel sector controls.
- Chinese firms in Africa are advised to improve community engagement and publicize their local contributions for better integration.
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Who’s Who
- Contemporary Amperex Technology Co.Ltd.
- Contemporary Amperex Technology Co.Ltd. (CATL) is a Chinese company. It recently broke ground on a joint lithium iron phosphate (LFP) battery factory in Spain with Stellantis NV. This project represents one of the largest Chinese investments in Spain to date, totaling 4.1 billion euros. Production at the factory is expected to begin by the end of 2026 and will utilize entirely renewable energy.
- Stellantis NV
- Stellantis NV and Contemporary Amperex Technology Co. Ltd. (CATL) are jointly building a lithium iron phosphate (LFP) battery factory in Spain. This project represents one of the largest Chinese investments in Spain, costing 4.1 billion euros ($4.7 billion). The plant, which will run entirely on renewable energy, is expected to start production by the end of 2026.
- Zijin Mining Group Co. Ltd.
- Zijin Mining Group Co. Ltd. is a Chinese mining company. Bo Shaochuan, a director at the company, suggests that Chinese mining firms in Indonesia should shift from "manic investment" to more "calculated, localized operations" due to tightening regulations in Indonesia's nickel sector. He emphasized the need to optimize investment models for sustainability as the policy and regulatory environments evolve.
- Hunan Construction Investment Group Co.Ltd.
- Hunan Construction Investment Group Co.Ltd. is a state-owned enterprise. Its international arm, SHICO, is actively bidding for projects worth tens of billions of yuan in Saudi Arabia, including a commercial complex project valued at nearly 10 billion yuan. The company recognizes significant opportunities in the Middle East market.
- SHICO
- SHICO (Hunan Construction Investment Group Co. Ltd.'s international arm) is actively bidding on projects in Saudi Arabia, aiming for tens of billions of yuan in contracts. The chairman, Li Zhenlai, revealed that the company is awaiting results for significant tenders, including a commercial complex project worth nearly 10 billion yuan.
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