Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan on May 30 revealed that the country can receive an estimated 31.9 billion USD in investments for project tied to battery supply chain by 2026.
Indonesian Deputy Minister of Trade Jerry Sambuaga has expressed his hope that negotiations of the Indonesia - European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) would be completed this year.
Automakers and raw material extraction companies are eyeing the nickel industry in Indonesia as the race to secure raw materials for EV batteries continues to heat up.
Indonesian president Joko Widodo said his government will soon consider halting the export of unprocessed copper ores to encourage domestic processing of raw materials in the country’s industrialisation push, following a similar policy on nickel and bauxite.
Germany's BASF and French miner Eramet are finalising a 2.6 billion USD partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, reported the Indonesian Ministry of Investment on January 18.
Indonesia will limit the construction of nickel smelters to ensure new plants to produce high-value products and follow green principles in the production process, Minister of Investment Bahlil Lahadalia said on January 13.
Indonesia may impose a tax on nickel exports this year, as the country, the biggest producer of the electric-vehicle battery metal, looks to refine more at home, according to President Joko Widodo.
Vietnam has the opportunity to be at the forefront of the global movement towards the electrification of transport, so demand for nickel in Vietnam will continue to rise, experts have said.
The Indonesian Government will ban bauxite exports starting this year to spur the domestic downstream sector, the country’s President Joko Widodo has said.
Indonesian President Joko Widodo confirmed that he would protect the country’s policy that prohibits nickel exports as the European Union (EU) filed a lawsuit regarding this issue at the World Trade Organisation (WTO).
President Joko Widodo laid out strategies that could bring about a competitive edge for Indonesia when the country faces pressures from other nations over its trade policies on palm oil and nickel.
Indonesia will stop exports of nickel ore immediately in the context that the world’s biggest nickel ore producer is seeking to promote domestic metallurgy industry, towards increasing the national budget revenue.
The Indonesian Government aims to build 31 nickel smelters by 2022, with 20 projected to open next year to help the production of electric car components.
The Indonesian Government is calling on enterprises of the Republic of Korea (RoK) to invest in the battery industry for electronic vehicles in the country, just weeks after Jakarta announced a ban on the export of nickel ore to develop its domestic processing industry.
The Energy and Mineral Resources Ministry of Indonesia on September 2 announced the country will stop exporting nickel from January 1 next year to boost domestic metallurgy amid concerns over limited nickel reserves.
The Philippines' Environment and Natural Resources Secretary Roy Cimatu said on July 31 he would not lift a ban on open-pit mining imposed in April in an anti-pollution crackdown.
Philippine President Rodrigo Duterte said he will review the order to close more than half of the country’s nickel mines for environment impacts, following an outcry from affected producers, Singapore’s Channel News Asia online newspaper reported on February 18.
The Philippines on July 7 ordered the suspension of operations at two nickel ore mines in the northeast province of Zambales for environmental violations and also halted the issuance of mining permits
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