Supporting Nickel Downstream Industry in Indonesia, Danantara Indonesia and INA Announce Strategic Partnership with Eramet

Core Viewpoint - The strategic partnership between Danantara Indonesia, the Indonesia Investment Authority (INA), and Eramet aims to establish a sustainable and integrated electric vehicle (EV) battery raw materials ecosystem in Indonesia, enhancing the country's position in the global nickel supply chain [3][4][5]. Group 1: Partnership Details - A Memorandum of Understanding (MoU) was signed to explore the establishment of a strategic investment platform in the nickel sector, covering both upstream and downstream operations [1][3]. - The signing ceremony was attended by Indonesian President Prabowo Subianto and French President Emmanuel Macron, highlighting the significance of the partnership [2]. Group 2: Objectives and Goals - The partnership aims to conduct a preliminary assessment to identify suitable projects that maximize the potential of Indonesia's national EV ecosystem and prepare a roadmap for future collaboration [3]. - The collaboration emphasizes adherence to strict international standards in asset management, prioritizing efficiency and economic value [3][4]. Group 3: Contributions and Expertise - Danantara Indonesia and INA will manage long-term financing to support investment development, while Eramet will provide technical expertise and experience in large-scale mining projects [4][5]. - Eramet has been active in Indonesia since 2006, contributing to the development of the country's largest nickel deposit and supporting sustainable development initiatives [8][9]. Group 4: Strategic Importance - The partnership is seen as a crucial step in strengthening Indonesia's critical minerals supply chain, particularly in the nickel sector, aligning with INA's investment focus [6][7]. - The collaboration aims to attract high-quality investments into Indonesia's strategic sectors, combining technical excellence with long-term financing structures [7].