Indonesia to Invest in Australian, African Critical Mineral Projects

By Editorial Team 30/03/2023
Summary

Indonesia intends to invest in potential Australian and African mining projects to reinforce the plan to become the center of the electric vehicle (EV) and EV battery industries.

The lack of domestic lithium and graphite production means Indonesia needs to look for potential mining projects overseas, such as in Africa and Australia, PT Indonesia Battery Corp (IBC) senior vice president of project management Chandra said.

Additionally, Australia is “much safer and politically very stable,” which allows for secure metal mining investments. “Africa is much riskier, but the price may be more [economically viable] for our investments,” he said at the Paydirt Battery Minerals Conference in Perth on Mar 22, as quoted by Platts.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.