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View all search resultsRI, Japan ink strategic pacts on critical minerals, nuclear power
The agreement is expected to strengthen the security and reliability of the critical minerals supply chain for both countries while supporting the development of clean energy technologies using Indonesia's mineral resources.
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Energy Minister Bahlil Lahadalia and Japanese Minister of Economy, Trade and Industry Ryosei Akazawa pose on Sunday during a bilateral meeting on the sidelines of the Indo-Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo. (Energy and Mineral Resources Ministry/-)
T
he government has inked a memorandum of cooperation with Japan to strengthen their partnership in the critical minerals supply chain and to develop nuclear energy technologies.
The agreement was signed on Sunday by Energy and Mineral Resources Minister Bahlil Lahadalia and Japanese Minister of Economy, Trade and Industry (METI) Ryosei Akazawa. The bilateral meeting took place on the sidelines of the Indo-Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo.
In the critical minerals sector, the agreement is expected to strengthen global supply chains for greater security and reliability, while supporting the development of clean energy technology using Indonesia's strategic mineral resources.
Minister Bahlil welcomed the partnership, highlighting the potential for joint management of Indonesia's vast mineral wealth.
"We are very open and happy to ask the Japanese government and our Japanese business friends to manage our critical minerals in Indonesia," Bahlil said, in a statement issued on Sunday.
Minister Akazawa stressed the urgency of international cooperation in the current volatile climate, noting that Japan maintains strategic energy reserves as a precautionary measure against supply disruptions.
"Amid the current global crisis, we must strengthen cooperation to maintain energy security,” he said in the same statement.
