JAKARTA \u2014 Danantara Indonesia is opening up opportunities to work\nwith strategic partners from various countries to develop Indonesia\u2019s\ndownstream nickel industry. The partnerships are aimed at investors with\nexpertise in building production facilities and the capacity to\nco-invest to strengthen the national industrial supply chain.<\/p>\n
Danantara Indonesia Managing Director for Global Relations and\nCommunications Pahala Nugraha Mansury said Danantara Investment\nManagement (DIM) could seek global partners capable of developing\nindustrial facilities. He cited the MIND ID Group\u2019s partnerships with\nforeign investors to advance downstream processing.<\/p>\n
\u201cAnother example is what our colleagues at MIND ID have done. It\nincludes Inalum, Antam and IBC. In this case, they are pursuing\ndownstream processing in partnership with prospective investors or other\ninvestors from overseas,\u201d Pahala said at BIG Downstream Insights 2026 in\nJakarta several days ago, as quoted on Monday (26 October 2026).<\/p>\n
He explained that developing the downstream nickel industry requires\ninvestors to participate at several stages of production. These range\nfrom processing nickel into mixed hydroxide precipitate (MHP) and nickel\nsulphate to producing cathode materials, battery cells and\nelectric-vehicle battery packs.<\/p>\n
According to Pahala, each production stage requires interconnected\nindustrial facilities. Strategic investor partnerships are therefore one\napproach to building an integrated nickel value chain while increasing\nthe added value of Indonesia\u2019s mineral commodities.<\/p>\n
MIND ID is involving several of its subsidiaries in the development:\nPT Indonesia Asahan Aluminium (Inalum), PT Aneka Tambang Tbk (Antam) and\nIndonesia Battery Corporation (IBC). Antam is involved in nickel mining,\nwhile IBC is developing the electric-vehicle battery ecosystem.<\/p>\n
Separately, National Economic Council (DEN) Executive Secretary\nSeptian Hario Seto said capital requirements were one of the challenges\nin developing downstream industries. Investment in processing and\nfurther production facilities, he said, requires many times more funding\nthan activity in the upstream sector.<\/p>\n
\u201cThe upstream sector provides the basis of assurance or confidence\nfor people to undertake downstream processing. We know that investment\nin downstream processing is many times greater than investment in the\nupstream sector,\u201d Seto said.<\/p>\n
The DEN considers the link between upstream and downstream sectors\nfundamental to investors before they commit capital. A reliable supply\nof raw materials is needed to sustain production and ensure investments\ndeliver the anticipated benefits.<\/p>\n
One partnership in Indonesia\u2019s battery-industry development involves\nAntam, IBC and China\u2019s Ningbo Contemporary Brunp Lygend Co.\u00a0Ltd.\u00a0(CBL),\na joint venture involving Contemporary Amperex Technology\nCo.\u00a0Ltd.\u00a0(CATL), Brunp and Lygend.<\/p>\n
The integrated electric-vehicle battery ecosystem project has an\ninvestment value of US$5.9 billion, equivalent to Rp96.04 trillion. The\ncollaboration forms part of efforts to develop Indonesia\u2019s battery\nindustry supply chain, from processing nickel feedstock to producing\nhigher-value battery components.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/danantara-seeks-global-partners-to-develop-indonesias-downstream-nickel-industry-1793062264", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }