TOKYO -- Chiyoda, a Japanese engineering and construction company, has signed an estimated 300 billion yen ($2.7 billion) contract to build a copper smelting plant in Indonesia, the company said on Thursday.
Metal processed in East Java will feed rising demand for EV components
A copper smelter: High-quality copper is a key component in electric vehicles. © Reuters
TOKYO -- Chiyoda, a Japanese engineering and construction company, has signed an estimated 300 billion yen ($2.7 billion) contract to build a copper smelting plant in Indonesia, the company said on Thursday.