Ensuring Access to Indonesia's Mineral Resources for the U.S.

During the recent bilateral discussions between President Joko Widodo and President Joseph R. Biden, crucial resolutions were reached concerning critical minerals sourced from Indonesia that play a pivotal role in the global electric vehicle industry.

Stepanus I Nyoman A. Wahyudi & Erta Darwati

20 Nov 2023 - 18.27
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Ensuring Access to Indonesia's Mineral Resources for the U.S.

Indonesian government has banned export of nickel ore since January 1 2020, so that the raw mineral can be processed domestically into value-added products. Photo/JIBI-tbpnickel.com

Bisnis, JAKARTA—During the recent bilateral discussions between President Joko Widodo and President Joseph R. Biden, crucial resolutions were reached concerning critical minerals sourced from Indonesia that play a pivotal role in the global electric vehicle industry.

Indonesia and the United States (US) have entered into a cooperative agreement regarding the supply of crucial minerals through the critical mineral agreement (CMA), enabling Indonesia's national mineral resources to be exported to the United States.

Minister of Energy and Mineral Resources Arifin Tasrif highlighted that the CMA facilitates the entry of Indonesia's vital minerals into the US market, addressing the long-term demand for raw materials in the electric vehicle sector. Notably, this collaboration is unfolding despite the absence of a formal free trade agreement between the two nations.

"Indonesian nickel products is unable to gain access to the US market without the necessity of a free trade agreement, a critical move given the mineral's crucial role in driving the global energy transition," he stated over the weekend.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Aprilian Hermawan
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Ensuring Access to Indonesia's Mineral Resources for the U.S.

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