By PRIME SARMIENTO in Hong Kong and LEONARDUS JEGHO in Jakarta |
China Daily |
Indonesia is positioning itself as a global hub for critical minerals as soaring oil prices and Middle East turmoil accelerate demand for clean energy and electric vehicles.
The Southeast Asian nation is among the world's top producers of bauxite, copper and nickel, minerals that are essential for the development of clean energy systems and electric cars — the demand for which has been rising in recent months due to rising oil and fuel costs.
Indonesia's downstreaming push is reshaping supply chains for the energy transition, with officials calling on the nation to be not just a producer but also a strategic leader in the minerals ecosystem.
