‘Indonesia’ aims to offer liberalized mineral trade Hope to attract US EV investors

Washington government announces new guidelines To receive tax deductions under the Inflation Reduction Act (IRA), stating that Battery components of any business Must be manufactured or assembled in North America. or become a free trade partner which such rules aims to provideUnited Statesreduce dependencyChinain the development of the battery supply chain

Indonesiado not have yetfree trade agreementwith the United States, but the country’s nickel ore has become a key ore in the supply chain.

Luhut Pandjaitan, Minister of Coordination for Maritime Affairs of Indonesia

When asked about the new IRA rules, Indonesian Maritime Affairs Coordinating Minister Luhut Pandjaitan Trying to attract US companies to invest in the country, it said the country would offer a free trade agreement with restrictions (FTA) to the Washington government.

“Septian Hario Seto,” Luhoot’s assistant said. FTA proposals are still in the early stages. It is similar to one of the major mineral trade agreements the United States signed with Japan.

The United States and Japan have signed an automotive battery mineral trade agreement.EV in March 66 contains both lithium, nickelcobalt, graphite and manganese

Last month, Ford signed a $4.5 billion deal with Brazilian Nickel Minor Vale and Zhejiang Huayu Cobalt to set up a HPAL plant on the Indonesian island of Java.

In addition, Luhoot had an Indonesian delegation travel to China last week. to promote investment opportunities

Seto also revealed that The government will talk to BYD. Chinese EV car companies in May about investment potential But declined to mention talks with Tesla. because it is an agreement that cannot be disclosed

Proofread…. Suree Silawong

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