Indonesia-Australia to Collaborate on Domestic Lithium Processing for EV Battery Ecosystem

Indonesia-Australia to Collaborate on Domestic Lithium Processing for EV Battery Ecosystem
Indonesia is set to collaborate with Australia on developing the local EV battery ecosystem, focusing on domestic lithium processing. According to the Govt., Australia will supply lithium concentrate, which will then be processed locally and integrated directly into EV battery manufacturing facilities. Indonesia currently imports ~80,000 tons of lithium annually. (Bisnis.com)

COMPANY 
BCAS: INTP IJ - Apr-25 Cement Sales 

- Indonesia's domestic cement market surged 29.3% YoY in Apr-25, driven by a 33.2% jump in bagged cement and a 19.0% rise in bulk sales. However, Mar-Apr volumes dipped 2.3%, with bulk cement dropping 9.1%. 
- INTP domestic sales rose 18.7% YoY in Apr-25, with bagged cement up 23.5% and bulk up 5.7%. Mar-Apr volumes slipped 2.8% YoY, weighed down by a 14.5% decline in bulk sales. 
- The co. maintained a 29.7% market share YTD through Apr-25, with regional gains in East Java, Sumatra, and Eastern Indonesia offsetting losses in Western and Central Java.

Total Bangun Persada (TOTL) Declared IDR 75/Sh Dividend, 96.3% Payout Ratio 
TOTL declared a cash dividend of IDR 75/sh (Div. yield: 9.9%) for FY24, representing a 96.3% payout from its IDR 265.42 bn net profit. The dividend schedule is as follow: - Cum date (Regular and Negotiated Markets): 23 May-25 - Cum date (Cash Market): 27 May-25 - Payment date: 18 Jun-25 (Emitennews)