Get Ready! Developed Countries Will'miss' With Indonesian Nickel In 2030

JAKARTA - Deputy for Investment Promotion at the Ministry of Investment/BKPM, Nurul Ichwan, said that developed countries in the world are predicted to depend on Indonesia in fulfilling the nickel supply chain starting 2030. Because, later the remaining majority of the world's nickel reserves will be in Indonesia.

"It is said by experts globally, in 2030, there is not a single country in the world that they have technology about EVs (electric vehicles), they can avoid their interests in collaborating with Indonesia," he said at the BNI Investor Daily Summit 2023 event in the City Forest by Plataran, Jakarta, Wednesday, October 25.

In 2030, continued Ichwan, 20 to 30 percent of the global nickel supply will be supplied by Indonesia. With this position, he said, Indonesia has confidence that it can survive as a global player

"It can survive to be a support for capital-owning countries and technology owners to collaborate with us, providing supply to global demand that has developed so far," he explained.

Ichwan said many countries objected to Indonesia's way of caring for mines. This is because mines are dredged far beyond the target, even the environmental protection standards are also questionable.

"I said, if you never come to our country, you bring technology to manage mines sustainably, where do you have the logic that we can manage it sustainably?", he said.

Therefore, he said, if developed countries want Indonesia to manage mines sustainably, they must bring their capital and technology to Indonesia.

"Yes, thank God, the answer from a friend from the White House said, 'oh yes, make sense'," he said.