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China’s GEM Seals Nickel Deal with Indonesia’s SWF Danantara
China’s battery materials giant GEM has signed a head of agreement with Indonesia’s sovereign wealth fund Danantara to build a nickel and recycling hub. The agreement, confirmed by Danantara investment chief Pandu Sjahrir on Tuesday, marks the fund’s first ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
China’s GEM Seals Nickel Deal with Indonesia’s SWF Danantara
China’s battery materials giant GEM has signed a head of agreement with Indonesia’s sovereign wealth fund Danantara to build a nickel and recycling hub. The agreement, confirmed by Danantara investment chief Pandu Sjahrir on Tuesday, marks the fund’s first ...