Geely's Name Associated with Aletra L8 Electric Car, The Reason
12 October 2025, 09:00 WIB
French company Eramet is interested in investing in nickel downstream processing in Indonesia, supporting the electric vehicle battery ecosystem.
KatadataOTO – The Coordinating Ministry for Economic Affairs, representing Indonesia, has held a bilateral meeting with Eramet, a company in the mining and downstream industry sector, particularly nickel.
It should be noted that Indonesia is the owner of the world's largest nickel reserves. Nickel downstreaming can help various brands that locally assemble electric vehicles in the country so that their products can be sold at competitive prices.
For your information, nickel downstreaming is the process of processing raw nickel into final products that can be traded, thus creating higher economic value.
Eramet has committed to the Indonesian government to support industrial downstreaming through investment in developing green manufacturing facilities to produce batteries for electric cars, specifically in Weda Bay, Central Halmahera.
“To ensure this green industry commitment, the industrial location in question can later be placed close to hydropower sources to guarantee the use of environmentally friendly and sustainable energy,” said Airlangga Hartarto, Coordinating Minister for Economic Affairs of the Republic of Indonesia, in an official statement, quoted on Tuesday (4/3).
Following up on this cooperation opportunity, Eramet revealed plans for investment by partnering with local partners in the critical minerals sector and downstreaming investment opportunities with BPI Danantara (Daya Anagata Nusantara Investment Management Agency).
The Coordinating Minister for Economic Affairs, along with Christel Bories as CEO of Eramet, agreed on the need to develop a roadmap and production capacity, as a consideration for the government in supporting Eramet to develop the nickel ecosystem in the country.
“The partnership between Indonesia and Eramet has great potential to drive innovation, strengthen the nickel and electric vehicle battery industry, and provide long-term benefits for both parties,” emphasized Coordinating Minister Airlangga.
Economic observers believe the government needs to continue the nickel downstreaming policy for industry players who use NMC batteries. Thus, manufacturers can develop electric vehicle lines utilizing domestic nickel.
Nickel downstreaming helps realize the government's vision of making Indonesia a battery supplier in the EV industry, as well as helping to reduce the price of electric cars that use NMC batteries.
“So, the nickel downstreaming that exists in Indonesia must be continued under the current conditions,” said Josua Pardede, Chief Economist of Permata Bank, when met in Jakarta some time ago.
Popular Articles
Related Articles
12 October 2025, 09:00 WIB
11 October 2025, 09:00 WIB
10 October 2025, 20:30 WIB
10 October 2025, 20:00 WIB
10 October 2025, 19:00 WIB
Latest
12 October 2025, 15:00 WIB
Celebrity Arief Muhammad often shares his car collection on Instagram, one of which is the BAIC BJ40 Plus.
12 October 2025, 11:00 WIB
Used Suzuki Ignis models in October 2025 are expected to be quite varied, with some even offered with a down payment of IDR 5 million.
12 October 2025, 09:00 WIB
The Geely name is still present on the Aletra L8 EV electric car, such as on the front and rear lights.
12 October 2025, 07:00 WIB
Used Daihatsu Sigra models in October 2025 are quite appealing, as there are many options available with down payments starting from Rp 5 million.
11 October 2025, 17:00 WIB
Set to launch next year, the Toyota Veloz Hybrid is likely to use locally assembled CATL batteries.
11 October 2025, 15:00 WIB
The affordable automatic scooter market will welcome new products in October 2025, such as the Honda Scoopy Kuromi Limited.
11 October 2025, 13:00 WIB
Honda claims that the motorcycles they currently sell can already use ethanol-blended fuel with a certain composition.
11 October 2025, 11:00 WIB
Government plans to implement E10 ethanol blended fuel policy, Chery speaks up