Hyundai Motor and Adaro Minerals end aluminium supply agreement due to climate concerns.
Hyundai Motor and PT Adaro Minerals Indonesia Tbk have ended their aluminium supply agreement after calls by a climate campaigner backed by K-pop fans against procuring supplies of the metal produced using coal power. Hyundai Motor's non-binding memorandum of understanding with Adaro was terminated at the end of 2023, with both companies choosing to explore other opportunities independently.
April 02, 2024
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