Tsingshan and fellow Chinese firm Chengxin Lithium Group will produce 60,000 tonnes per year of lithium chemicals at a processing facility in Indonesia
GMR is looking at a 49:51 tie-up with AP2 for the project in Medan, which is the fourth biggest urban area in Indonesia and capital of North Sumatra province.
A tiny clan fears it will lose its place in the world as Indonesia pursues its quest to join the space age and hopes to lure Elon Musk
Creditors – including aircraft lessors, banks and business partners – would have to accept either a haircut or a debt-for-equity swap
Further investors are expected to join in the fundraising, which comes ahead of a planned public listing by the 'superapp' next year