Astra International (ASII), the country’s largest automotive player, has finally joined the nickel-EV race. Astra’s United Tractors (UNTR) has on December 3, 2022, through PT Danusa Tambang Nusantara (DTN), acquired 89.9% shares in nickel miner PT Stargate Pasific Resources (SPR) from PT Anugerah Surya Pacific Resources (ASPR) for US$271.83 million, equivalent to Rp4.28 trillion. To subscribe please click here
