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Indonesia provides diverse investment opportunities for both domestic and international investors. With an economy continuing to grow at an average of over 5%, and with its young population it is positioning itself as an "upper-middle-income country" fuelling growth across a diverse range of industries. Indonesia's GDP at purchasing power parity is projected to overtake Russia and Germany by 2024. This investment opportunity is particularly relevant within the country's resource-rich mining sector. Indonesia stands out as a highly promising country due to its abundance of natural resources, including abundant gold and copper reserves. Indonesia was the 6th largest producer of copper in 2022 and is the world’s tenth largest gold producer. Indonesia has more than one fifth of the worlds nickel and ranks as the world's 3rd largest source of cobalt. As a result, the country continues to improve regulations and investment-friendly policies, enabling global businesses to tap into Indonesia’s significant growth potential.   The resource sector has become a major focus for the Indonesian government to attract foreign investment as the country seeks to capitalise on the growing global demand for the EV industry. In line with its commitment to the Paris Agreement, Indonesia has set an ambitious target for its vehicle industry. By 2025 it wants at least 20% of the cars it produces to be electric vehicles. That equates to about 400,000 cars. Savvy investors can leverage these conditions to realize profits while expanding their investment portfolios in Indonesia.   #FEG #Gold #Copper #Mining #InvestIndonesia #Foreigninvestment

My article (Kor & Eng) is released: "South Korea’s Strategy for Indonesia: Building a Sustainable, Future-Oriented Partnership" for East Asia Forum. The summary and the link of the full article are below: With the country boasting stable annual economic growth of around 5 percent, large deposits of critical minerals such as nickel, and a considerable domestic market with the world’s fourth largest population, Indonesia has become a country that South Korean and global companies are actively entering. Infrastructure development, improvements in the business/investment environment, and changes in the raw material supply chain are cited as major factors in the increase in foreign direct investment in the country. However, regulations and policy uncertainty in the mining sector, along with strengthened regulations from the US and the EU, are obstacles to Indonesia’s rise as a global supply-chain hub and are likely to pose risks to business activities. Because these risks are difficult for individual companies to overcome or respond to, the South Korean government needs a future-oriented roadmap for mutual growth and to establish a foundation to minimize policy and regulatory risks. Companies need to avoid various regulations while achieving economies of scale, which requires approaching the issue from a global portfolio perspective and pursuing a regional value-chain strategy centered on Indonesia. https://lnkd.in/g5h34tcU

Despite the #nickel market’s broader structural challenges, investment is continuing to flow into the development of battery-suitable nickel supply in Indonesia. Benchmark forecasts Indonesia to add more than 250,000 tonnes of supply from new projects and expanding operations in 2024, with projections for the region’s supply through to 2030 now 20% higher than the same period a year ago. This is in contrast to the West, where low nickel prices have led a swathe of nickel operations to shutter or curtail production. Benchmark estimates 60,000 tonnes to have come out of the market since the start of the year, with several more operations classified as ‘at risk.’ Read more on Benchmark Source ⬇ Request a free trial ➡ https://lnkd.in/eSG5_vuh

From modest beginnings to global dominance: Indonesia's nickel production surge has reshaped the market landscape. Explore how this Southeast Asian nation has become a powerhouse in the global nickel market! 📚Read more here: bit.ly/4bZlmqe #OrientFuturesSG #IndonesiaNickel #MarketTransformation #GlobalDominance

Nickel downstreaming is one of the key strategies for Indonesia to become a sovereign, advanced, fair, and prosperous nation by its centennial in 2045. 79 years after gaining independence, Indonesia stands as an emerging middle-income country with limitless potential. Looking toward the future, it’s vital to strategically harness our natural resources, such as nickel, of which Indonesia has the largest reserves in the world. In 2013, nickel export values stood at USD 2.33 billion (1.28% of the total export value), whereas in 2023, they soared to USD 24.28 billion (9.38% of the total export value). By 2028, nickel exports could approach USD 75 billion, as we will produce precursors, cathodes, battery cells, and more. Join me as I discuss these critical issues at the IDX Channel, the official TV of the Indonesia Stock Exchange, on August 20 at 10:30 AM Jakarta time. Let’s shape our future together! #IndonesiaEmas #HUTRI79 #Nickel #IDXChannel

2023 Indonesia Economic Overview In 2023, Indonesia aimed to attract 1.4 trillion rupiah (US$89 billion) in combined foreign and domestic investments, with a target of 1.6 trillion rupiah (US$102 billion) for 2024. The country saw significant foreign investment in downstream commodity industries, particularly in minerals, similar to the trends observed in 2022. For the period of January-September 2023, Indonesia’s top foreign direct investment (FDI) sources included investments in smelters, oil and gas, oleochemicals, pulp and paper, and electric batteries. The country recorded a total FDI of US$8.7 billion in the basic metals industry during this period. https://lnkd.in/gPgnzuTE

🚨 Breaking News: The Philippines’ Bold Move in the Global Mining Industry! 🚨 Today, Indonesia has sparked significant debate by passing a law granting religious groups mining permits. This unprecedented move has sent ripples through the international community, stirring conversations about resource management, ethical governance, and the role of religion in state affairs. As industry professionals, it’s crucial to recognize the broader implications. This development not only challenges traditional mining regulations but also impacts global trade dynamics and stock market fluctuations. Companies with interests in the region may need to reassess their strategies, considering potential regulatory changes and public perception. 💡 Why This Matters: Economic Impact: Potential shifts in the supply chain and commodity prices. Regulatory Scrutiny: Increased attention on ethical practices and corporate governance. Market Reactions: Possible volatility in stocks related to mining and natural resources. 🔍 Stay informed and adapt to these evolving trends to maintain a competitive edge. #MiningRevolution #GlobalEconomy #EthicalMining #IndustryInsights

Following the fantastic Fastmarkets Asian Battery Raw Materials Conference in Seoul I am excited to be heading to Jakarta to discuss Indonesia’s role in the sustainable production of critical minerals to support the energy transition. The Critical Minerals and Metals Breakfast Briefing hosted by Fastmarkets, supported by the Indonesian government and moderated by PwC Indonesia, will include senior decision-makers from mines, smelters, trade organisations, investors and battery manufacturers. The topics for the panel discussion, include: –        The future of critical minerals production in Indonesia –        The role of Indonesia in the global battery supply chain –        The nickel market supply-demand outlook and prices –        How Indonesia can ensure sustainable development of its resources –        Opportunities for investment in Indonesia’s critical minerals sector I look forward to discussing these themes with the other speakers, including Septian Hario Seto, Deputy Minister of Coordinating Ministry for Maritime and Investment Affairs of Indonesia; Febriany Eddy, CEO & President Director, PT Vale Indonesia Tbk; Andry Setiawan, Managing Director of Investment, Indonesia Investment Authority; Ben Lawson, Vice Chairman, Djakarta Mining Club; and Sacha Winzenried, Energy, Utilities & Resources Leader, PwC Indonesia. Ben McNamara, Cathy Oates (CCXP), Bansri Shah #criticalminerals #BRM #FastmarketsBRM

Indonesia Sees FDI Worth USD 47 Billion in 2023 Indonesia recorded a total of 744 trillion Rupiah (USD 47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, the investment ministry said. However, growth in the fourth quarter slowed sharply to 5.3% from the same period a year earlier, compared with the third quarter's growth of 16.2%. Southeast Asia's largest economy has seen strong FDI growth after the pandemic, particularly as investment in its nickel processing industry booms. The base metal industry received the biggest FDI last year at $11.8 billion, while mining was in fourth place with $4.7 billion. Other sectors that benefited from FDI included warehousing and telecommunications, and pharmaceutical and pulp and paper. Singapore, China and Hong Kong were the biggest FDI sources in 2023. https://lnkd.in/gW569eNq. https://lnkd.in/gdq-5XWy

Indonesia Elections: Policies to test commodity clout #Indonesia, home to huge natural resources and a key global #commodity player, is set to witness its general elections Feb. 14. The spotlight is on the top three candidates and how their policy actions could influence commodities that are closely linked to the minerals and #energytransition industry. The elections come at a very crucial time when Indonesia has doubled down on nationalization of its resources. An ongoing policy helmed by the current president Joko Widodo led to an export ban on raw minerals aimed at promoting higher-value industrialization. Indonesia has already banned exports of #nickel, a key material used in building electric vehicle batteries, and that move pushed China to pour investments into Indonesian mineral processing industry. This policy ban would likely remain largely unchanged due to its public popularity and the investment it has enticed. Indonesia is a also huge market for #palmoil, #thermal #coal, #bauxite and copper. Indonesia has banned exports of bauxite and partial exports of #copper from June 2023. A complete ban on copper will come into effect this June, while a ban on tin exports is also on the radar. There is no material change expected in the operating environment and mining regulations, especially regarding rules on the export of unprocessed ores this year, S&P Global Ratings said. Our visual take on this interesting development https://lnkd.in/gRQQUdeM Metals by S&P Global Commodity Insights S&P Global Commodity Insights