Lopal Tech Plans $160 Million Indonesia Cathode Materials Project

MT Newswires Live10:24

Jiangsu Lopal Tech (SHA:603906, HKG:2465) plans to invest $160 million to build a lithium iron phosphate, or LFP, cathode materials project in Indonesia through a controlled subsidiary, according to a Wednesday Hong Kong bourse filing.

The Indonesia LBM Phase 3 project will include production lines with an annual capacity of 120,000 tonnes of second- and third-generation LFP cathode materials and is expected to be located in Batang Integrated Industrial Park in Central Java.

The investment will be carried out by PT LBM Energi Baru Indonesia Batang, a wholly owned subsidiary of the company's Singapore-based unit LBM New Energy (AP), and is expected to take about 12 months to complete.

Shares of the automotive specialty chemicals company were up nearly 1% in Hong Kong.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642408393?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 10:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642408393","market":"sg","top_or_hot":-1,"title":"Lopal Tech Plans $160 Million Indonesia Cathode Materials Project","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/603906\">Jiangsu Lopal</a> Tech (SHA:603906, HKG:2465) plans to invest $160 million to build a lithium iron phosphate, or LFP, cathode materials project in Indonesia through a controlled subsidiary, according to a Wednesday Hong Kong bourse filing.</p><p>The Indonesia LBM Phase 3 project will include production lines with an annual capacity of 120,000 tonnes of second- and third-generation LFP cathode materials and is expected to be located in Batang Integrated Industrial Park in Central Java.</p><p>The investment will be carried out by PT LBM Energi Baru Indonesia Batang, a wholly owned subsidiary of the company's Singapore-based unit LBM New Energy (AP), and is expected to take about 12 months to complete.</p><p>Shares of the automotive specialty chemicals company were up nearly 1% in Hong Kong.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lopal Tech Plans $160 Million Indonesia Cathode Materials Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLopal Tech Plans $160 Million Indonesia Cathode Materials Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-11 10:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/603906\">Jiangsu Lopal</a> Tech (SHA:603906, HKG:2465) plans to invest $160 million to build a lithium iron phosphate, or LFP, cathode materials project in Indonesia through a controlled subsidiary, according to a Wednesday Hong Kong bourse filing.</p><p>The Indonesia LBM Phase 3 project will include production lines with an annual capacity of 120,000 tonnes of second- and third-generation LFP cathode materials and is expected to be located in Batang Integrated Industrial Park in Central Java.</p><p>The investment will be carried out by PT LBM Energi Baru Indonesia Batang, a wholly owned subsidiary of the company's Singapore-based unit LBM New Energy (AP), and is expected to take about 12 months to complete.</p><p>Shares of the automotive specialty chemicals company were up nearly 1% in Hong Kong.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"603906","symbol_name":"龙蟠科技","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2642408393","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642408393","pubTimestamp":1781144679,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Jiangsu Lopal Tech  plans to invest $160 million to build a lithium iron phosphate, or LFP, cathode materials project in Indonesia through a controlled subsidiary, according to a Wednesday Hong Kong bourse filing.The Indonesia LBM Phase 3 project will include production lines with an annual capacity of 120,000 tonnes of second- and third-generation LFP cathode materials and is expected to be located in Batang Integrated Industrial Park in Central Java.The investment will be carried out by PT LBM Energi Baru Indonesia Batang, a wholly owned subsidiary of the company's Singapore-based unit LBM New Energy , and is expected to take about 12 months to complete.Shares of the automotive specialty chemicals company were up nearly 1% in Hong Kong.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"603906":"龙蟠科技","BK0229":"化学制品","BK1110":"商品化工","02465":"龙蟠科技","AP":"安博科-匹兹堡","BK4006":"钢铁","UYM":"基础材料指数ETF-ProShares两倍做多"},"translate_title":"Lopal Tech计划投资1.6亿美元印尼正极材料项目","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"603906":0.9,"UYM":1.5,"AP":1,"02465":0.9},"content_text":"Jiangsu Lopal Tech (SHA:603906, HKG:2465) plans to invest $160 million to build a lithium iron phosphate, or LFP, cathode materials project in Indonesia through a controlled subsidiary, according to a Wednesday Hong Kong bourse filing.The Indonesia LBM Phase 3 project will include production lines with an annual capacity of 120,000 tonnes of second- and third-generation LFP cathode materials and is expected to be located in Batang Integrated Industrial Park in Central Java.The investment will be carried out by PT LBM Energi Baru Indonesia Batang, a wholly owned subsidiary of the company's Singapore-based unit LBM New Energy (AP), and is expected to take about 12 months to complete.Shares of the automotive specialty chemicals company were up nearly 1% in Hong Kong.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642408393","isCrawlerRequest":true}