Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Indonesia Encourages Down streaming of Commodities
One of which is Encouraging the Development of Nickel-Based Industries to Become a Global
Battery and EV Supplier
A. The ban on nickel ore exports maintains the availability of
raw materials for downstream industries
1. Potential: Indonesia's Nickel Reserves Are
Abundant
2. Strategies
Global Nickel Reserve
INDONESIA
Australia
21,0 M
20,0 M
Commodity
Brazil
Other
16,0 M
14,0 M
Russia
6,9 M
Nickel Ore
(HS 2604)
Cuba
5,5 M
Philippines
4,8 M
Also rich in other battery materials reserve
South Africa
3,7 M
China
2,8 M
Canada
2,8 M
Guatemala
1,8 M
Madagascar
1,6.M
1.2 billion ton 51 million ton 43 million ton
Aluminium Copper
Manganese
Colombia
0,4 M
US 0,1 M
Cobalt Lithium
Graphite
Indonesia's nickel reserves are the largest
reserves in the world reaching 21 million
nickel ore or with a share of 23.7% of all
world reserves.
Source: Coordinating Ministry for Economic Affairs
Export Value (Million USD)
2019
2020
2021
1.097
Prohibited → 0
Prohibited → 0
600
1.056
Indonesia and the
Main Exporting
Country
B. Invest in End-to-end EV Battery value chain development
Estimated total investment of USD 15.3 Billion*) to build End-to-end
value chain EV Batteries with a capacity of 140 GWh
C. Supporting Regulation
Presidential Decree No. 55 of 2019 to Accelerate the Use of Battery
Electric Vehicles (BEV) on the Road & Government Regulation No.
74/2021 - Accelerated Development of BEV
3. Benefits and Added Value of Nickel Downstream
Value added process
Input
Nikcel
Output
Value-added
90 to 150
Batter
times
1
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