Thursday, January 30, 2025

Indonesia-Japan explore cooperation in critical minerals for EV ecosystem development

Reading Time: 2 minutes
Julian Isaac

Journalist

Editor

Interview

The Embassy of the Republic of Indonesia in Tokyo recently discussed for potential  cooperation in the critical minerals sector between Indonesia and Japan.

Muhammad Al Aula, Coordinator of Information and Socio-Cultural Functions at the Indonesian Embassy in Tokyo, said that the discussion on critical mineral cooperation included opportunities for developing an electric vehicle (EV) ecosystem and other strategic issues.

He said that Japan actually has an interest in developing the EV ecosystem in various countries, including Indonesia, eventhough their focus is in hybrid technology.

“What has been said earlier is true that they (Japan) also focus a lot on hybrid issues. But that does not close the opportunity for them to be involved in the development of electric ecosystems everywhere, including in Indonesia,” Al Aula said on Saturday, January 25, 2025.

He cited that Japan’s involvement in the development of the EV ecosystem in Indonesia is still under discussion. However, the issue of critical minerals was one of the main topics in the meeting between President Prabowo Subianto and Japanese Prime Minister Shigeru Ishiba.

“Earlier I was reminded that there was a discussion about the critical minerals aspect. Which was also a topic of discussion between the President and the Prime Minister. Well, if he was talking about a truly strategic aspect, then currently it is being studied further by teams from both Indonesia and Japan,” Al Aula said.

President Director of State mining holding company MIND ID, Hendi Prio Santoso, said that Indonesia will play a fairly strategic role in the global arena in relation with the development of the electric vehicle ecosystem.

Currently, Indonesia has abundant nickel reserves and other supporting mineral resources as raw materials for making electric vehicle batteries.

“Indonesia now controls almost 75 percent of the global supply chain for nickel. So we are a very dominant player. So the last nickel is widely used as a raw material for electricity, nickel batteries,” Hendi said.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

President Prabowo Subianto invited the Indian government to invest in the infrastructure sector, with the South Asian country targeting potential investment in the port and airport sectors.
The Indonesian and Indian governments have formalized cooperation in the digital sector through the signing of a Memorandum of Understanding (MoU) between the Indonesian Ministry of Communication and Digital (Komdigi) and the Indian Ministry of Electronics and Information Technology.
The visit of President Prabowo Subianto and a number of Indonesian businessmen to India has produced a number of Memorandum of Understanding (MoU) notes in various sectors from digital to health.
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has opened up the possibility for Indonesia to buy oil from Russia after Indonesia officially became a member of BRICS, an intergovernmental organization focusing on economic cooperation and development.
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, says that Indonesia will utilize its BRICS membership to export mining products, especially to China and India, Antara reported.
The government and Apple Inc. on Tuesday, January 7, 2025 held the first negotiations on its investment plan in Indonesia as part of the mechanism to pass the sale of its latest iPhone 16 smartphones, emphasizing on two additional points and four main objectives.