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View all search resultsRI pushes EV battery, critical mineral projects to woo US in tariff talks
State asset fund Danantara will also be involved in the mineral project being offered.
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Coordinating Economy Minister Airlangga Hartarto delivers a press statement at the State Palace on April 28, 2025, after meeting President Prabowo Subianto to report on the ongoing negotiations with Washington aimed at averting steep United States import tariffs to be imposed on Indonesian-made goods. (JP/Ruth Dea Juwita)
I
ndonesia has offered the United States an opportunity to jointly invest in its electric vehicle (EV) battery ecosystem and critical minerals sector, as part of ongoing tariff negotiations, according to Coordinating Economy Minister Airlangga Hartarto.
The state asset fund Danantara will also be involved in the proposed mineral project.
“[The investment is] for brownfield critical mineral projects in Indonesia. We are clearly offering that to the US,” Airlangga said, noting that the projects involved the expansion of existing operations rather than starting from scratch, as quoted by Kontan.
However, he declined to identify the projects due to confidentiality agreements.
“We’ve presented them […] and for the United States, this offer is quite compelling,” Airlangga added.
Read also: RI sees no further need to send delegation to US for trade talks
Airlangga explained that the proposal would leverage the country’s vast nickel reserves and expand EV battery production capacity.
