Jakarta (ANTARA) - The Ministry of Investment and\nDownstreaming\/Investment Coordinating Board (BKPM) is strengthening the\ndevelopment of the electric vehicle (EV) battery industry, Battery\nEnergy Storage Systems (BESS), and high-value-added manufacturing as the\nnext phase of strategic mineral downstreaming in Indonesia.<\/p>\n
The Deputy for Strategic Investment Downstreaming at the Ministry of\nInvestment and Downstreaming\/BKPM, Heldy Satrya Putera, stated that the\ndevelopment of EV batteries and BESS marks the second stage of\ndownstream industry development, following the construction of smelters\nand refining facilities.<\/p>\n
In an official statement received in Jakarta on Wednesday, Heldy\nnoted that the agency has drafted a downstream industry development\nroadmap covering 2long 28 strategic commodities, with an estimated\ninvestment requirement reaching $618.1 billion USD until 2040.<\/p>\n
Indonesia\u2019s downstream development is currently being implemented\nthrough three strategic stages, with the foundation of mineral\nprocessing already established through smelters and refining\nfacilities.<\/p>\n
\u201cCurrently, our priority is entering stage two, which is expanding\ndevelopment into the electric vehicle battery industry, Battery Energy\nStorage Systems (BESS), and other high-value-added manufacturing,\u201d he\nsaid.<\/p>\n
He also noted that downstream investment realisation has reached a\nsignificant scale. In the first semester of 2026, downstream investment\nwas recorded at Rp300.1 trillion, representing 29.7 per cent of the\ntotal national investment realisation. This figure grew by 6.9 per cent\ncompared to the same period in the previous year.<\/p>\n
Of the total realisation, foreign direct investment (PMA) reached\nRp212.8 trillion or 70.9 per cent, while domestic investment (PMDN)\nstood at Rp87.3 trillion or 29.1 per cent.<\/p>\n
This achievement demonstrates the progress of Indonesia\u2019s downstream\nindustry and opens opportunities to strengthen the national position\nwithin the global critical mineral value chain.<\/p>\n
The next stage is directed towards strengthening competitive markets,\nincreasing long-term investment, and enhancing the national industry\u2019s\ncapability to produce products that meet the needs of global buyers.<\/p>\n
He mentioned that the agency, in collaboration with Fastmarkets, will\norganise the International Critical Minerals and Metals Summit (ICMMS),\ntaking place from 27\u201330 September 2026 in Bali.<\/p>\n
The event will bring together government officials, investors,\nindustry players, processing companies, battery material producers,\nfinancial institutions, and commodity traders from various\ncountries.<\/p>\n
Furthermore, in the nickel processing sector, discussions will cover\nthe economics of High Pressure Acid Leach (HPAL), the competitiveness of\nsulphuric acid, and various processing technology options.<\/p>\n
Meanwhile, the development of precursors and cathodes faces more\ncomplex challenges, involving not only raw material availability but\nalso technology, product quality, buyer certainty, and project\neconomics.<\/p>\n
Therefore, discussions on battery materials at the ICMMS 2026 will\nalso highlight downstream products that possess market potential and the\nability to compete within the global electric vehicle supply chain.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bkpm-strengthens-ev-bess-battery-development-to-drive-strategic-downstreaming-1790752226", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }