February 23, 2025
Hyundai ends aluminum deal with Adaro Minerals following K-pop protest

JAKARTA — South Korean automobile giant Hyundai has ended an agreement with Adaro Minerals, a subsidiary of Indonesia’s second-largest coal miner, PT Adaro Energy, to procure aluminum for its electric vehicle (EV) production. Hyundai and Adaro Minerals signed the agreement in November 2022, and at the end of 2023…
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