Group 1 - Indonesia's sovereign wealth fund will collaborate with China's Greeenmei, South Korea's Ecopro, and nickel miners Vale and Mindo Nickel to invest in nickel processing projects [1]

Group 1: Bilateral Cooperation and Trade - The year 2025 marks the 75th anniversary of diplomatic relations between China and Indonesia, coinciding with the 70th anniversary of the Bandung Conference, highlighting significant historical milestones [1] - In 2024, the bilateral trade volume between China and Indonesia is projected to reach approximately $147.8 billion, reflecting a year-on-year growth of 6.1%, with China being Indonesia's largest trading partner for 12 consecutive years [1] - The first Global High-Quality Belt and Road Summit was held in Jakarta on May 25, 2024, emphasizing sustainable infrastructure and development goals [1] Group 2: Nickel Industry Development - Indonesia is a major player in the global nickel supply, with its nickel production surging from 1.04 million tons in 2021 (38% of global production) to 1.8 million tons in 2023, exceeding 50% of global output [9] - The export value of nickel products from Indonesia has increased significantly, from $1 billion in 2014 to $20.9 billion in 2023, indicating a shift from raw material exports to high-value nickel processing products [9] - Chinese companies, such as Greeenme and Huayou Cobalt, are heavily investing in Indonesia's nickel mining and processing sectors, establishing a full industrial chain from nickel resource development to battery manufacturing [5][7] Group 3: Sustainable Development and Green Technology - The Belt and Road Initiative is positioned as a pathway for both open and green development, promoting cooperation in green infrastructure, energy, and transportation [10] - A joint research laboratory for new energy materials and metallurgy technology was established in Bandung, Indonesia, with an investment of $30 million, aimed at advancing sustainable mining and resource utilization [8] - The adoption of high-pressure acid leaching (HPAL) technology for nickel production is highlighted for its lower carbon emissions compared to traditional methods, aligning with global trends towards green and low-carbon resources [11]