Industrial Transformation in ASEAN A Cluster-Driven Model for Regional and Global Collaboration 2026
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CASE STUDY 1
Indo-Pacific Net-Zero Battery-Materials Consortium:
partnership for net-zero batteries
Context: Bakrie Group, Glencore and Envision have
formed the Indo-Pacific Net-Zero Battery-Materials
Consortium (INBC), a first-of-its-kind, cross-border
partnership creating a fully integrated, low-carbon battery
value chain. This partnership is anchored by Bakrie and
Glencore in the upstream value chain for nickel mining and
processing, and led by Bakrie and Envision downstream in
clean energy generation, industrial park development, battery
production and global distribution.
Objective: The partnership aims to produce
140 gigawatt hours (GWh) of nickel-based batteries
(representing a 14-fold increase over Indonesia’s estimated
2024 battery production capacity of around 10GWh104) and
secure low-carbon battery materials for European markets
while establishing Indonesia’s first net-zero industrial park
at Sulawesi.105
Intervention: Since its launch, the partnership has
moved from planning to tangible implementation,
advancing its net-zero industrial cluster in Sulawesi: –By end of 2025, INBC aims to have half of its operations
running on wind energy, with the remainder on natural
gas as a bridge fuel as they explore longer-term options
such as nuclear.
–Construction is under way at the Sulawesi Industrial
Park, co-locating nickel and copper processing,
battery manufacturing and recycling to reduce
transport emissions.
–The consortium is collaborating with local governments
on enhancing waste management, reducing landfill
disposal and exploring ways to convert industrial waste
into energy.
–Through Envision’s digital expertise, the partnership is
testing AI and digital tools to coordinate the global supply
chain efficiently.
Industrial Transformation in ASEAN: A Cluster-Driven Model for Regional and Global Collaboration
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