The Indonesia Investment Management Agency, Danantara Indonesia, and the Indonesia Investment Authority (INA) have agreed with the French mining company Eramet to work together. They signed a deal to explore creating a special investment platform in the nickel industry, covering everything from mining to making finished products.
The three groups said on Wednesday that their goal is to build a strong and sustainable system for electric vehicle (EV) battery materials in Indonesia.
The groups will first study and find the best project to help grow Indonesia’s electric vehicle (EV) system. They will also make a plan for working together in the future.
In working together, the groups agreed that managing assets should focus not just on being efficient and making money but also on following strict international rules.
Pandu Sjahrir, the Chief Investment Officer of Danantara Indonesia, thinks this partnership will help make Indonesia a key player in the global electric vehicle (EV) battery supply chain.
Pandu said that in this partnership, Danantara Indonesia and INA will handle long-term funding to support the investments, while Eramet will share its technical knowledge and experience in running big mining projects that meet international environmental and sustainability rules.
“This partnership shows that all three groups are committed to growing top-quality nickel processing in Indonesia, which is very important for making the country’s industry stronger and more competitive.
“This collaboration also integrates global-level technical capabilities in environmentally conscious mining that supports the development of a sustainable industry,” Pandu added.
Ridha Wirakusumah, Chairman of the INA Board of Directors, also welcomed the partnership. He said this is an important move to strengthen Indonesia’s supply of important minerals, especially nickel, and to support local processing, which matches INA’s investment goals in the mineral and downstream industries.
The partnership between Eramet, Danantara Indonesia, and INA brings together strong technical skills and global experience in eco-friendly mining, along with long-term funding plans to help grow Indonesia’s industry.
“This synergy reflects a collective commitment to building a value-added industrial foundation within the country and attracting high-quality investments into Indonesia’s strategic sectors,” said Ridha.
Eramet Group CEO Paulo Castellari said the company has been involved in Indonesia’s nickel industry since 2006 and has played a big role in developing the country’s largest nickel deposit over the years.
Eramet has been actively working in Indonesia since 2006 through its nickel mining activities in Weda Bay, Maluku.
Danantara Indonesia and INA are focused on processing raw materials, supporting clean energy, and important minerals. These goals match well with Eramet’s plans and vision for its work in Indonesia.
“We have been investigating opportunities to participate in the nickel EV battery value chain in Indonesia, and we welcome today’s initiative. We are ready to contribute through our sustainable mining expertise and long-term commitment to developing strategic industries in the country,” added Paulo.
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