Indonesian Government Collaborates with Fastmarkets to Display $618 Billion Minerals Plan for Electronic Vehicles, Steel, and Solar Industries, Aiming for Global Leadership by 2040
Indonesia's investment in minerals, metals, and equipment has seen a significant increase, with a surge of 152% since 2020. This growth is set to take centre stage at the International Critical Minerals and Metals Summit Indonesia, scheduled to take place in Bali from September 24-26, 2025.
The summit, organised by Fastmarkets—the organisers of the world's largest lithium event and other leading critical minerals and metals forums—is partnering with the Indonesian government for this prestigious event. Minister Roeslani, Minister of Investment and Downstream Industry, and Chairman of the Indonesia Investment Coordinating Board, is a strong supporter of the summit.
Minister Roeslani's national downstreaming strategy welcomes international collaboration to strengthen Indonesia's position in critical mineral supply chains. The minister is also responsible for leading Indonesia's downstream industrialisation strategy and heads the Daya Anagata Nusantara Investment Management Agency (Danantara).
The summit aims to provide a platform for data-led market insights, bilateral meetings, and investment-focused dialogue. It will gather global stakeholders from various sectors, offering an opportunity to engage policymakers, investors, and industry leaders. The event will also address supply chain resilience, ESG standards, and regulatory frameworks.
Indonesia has become a focal point for the global energy transition due to its large reserves of nickel, bauxite, copper, and tin. The country's critical minerals roadmap, valued at $618 billion, aims to support Indonesia's vision for global leadership in EV batteries, steel, and solar industries by 2040. This roadmap targets $618 billion in investment by 2040, with $498.4 billion from critical minerals.
By 2040, Indonesia aims to generate $857.9 billion in exports, contribute $235.9 billion to GDP, and create 3 million jobs. The summit, supported by the Ministry of Investment & Downstream Industry / Investment Coordinating Board, Republic of Indonesia, will provide a platform to showcase Indonesia's downstream ambitions.
Raju Daswani, CEO of Fastmarkets, will be involved in the summit. Fastmarkets is committed to creating an environment where policy, investment, and pricing come together to shape the future of responsible supply chains and industrial growth. The summit will undoubtedly be a significant step towards achieving Indonesia's ambitious goals in the critical minerals and metals sector.
Despite the absence of information regarding the minister responsible for Indonesian corporate development and downstream development who supports the international mineral summit initiative by Fastmarkets, the partnership between Fastmarkets and the Indonesian government is a testament to the country's commitment to fostering growth and investment in the critical minerals and metals sector.
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