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Fastmarkets Partners with Indonesia to Promote Critical Minerals Roadmap

In an exciting development, Fastmarkets has partnered with the Ministry of Investment and Downstream Industry (BKPM) of the Republic of Indonesia to showcase an ambitious roadmap centered around critical minerals. This strategic initiative outlines an impressive $618 billion investment plan, aiming to place Indonesia at the forefront of the global supply chain for essential minerals that support electric vehicles (EVs), steel production, and solar energy by the year 2040.

Indonesia’s Expanding Role in Global Energy Transitions

With vast reserves that include nickel, bauxite, copper, and tin, Indonesia is becoming increasingly pivotal in the global energy transition landscape. The country is making significant strides in industrializing its mineral resources while prioritizing downstream value creation. This forward-thinking agenda positions Indonesia as an emerging leader not just in the production of critical minerals, but also as a significant player in the evolving markets for electric vehicles and renewable energy technologies.

Investment figures are telling: since 2020, investments in minerals, metals, and associated equipment have surged by 152%. More specifically, investments focused on downstream production increased by 8.63% in 2024 alone. Indonesia is currently ranked first in nickel, second in tin, and sixth in bauxite, reinforcing its critical status in the global market.

The roadmap foresees that by 2040, Indonesia will target a total of $857.9 billion in exports, contribute $235.9 billion to its GDP, and create around 3 million new jobs. Furthermore, the country aims for top rankings in the production of EV batteries, stainless steel, solar panels, and copper cables. A private-sector focus on achieving self-sufficiency in construction steel and fulfilling domestic demands for renewables will also showcase Indonesia's ambitious long-term goals.

The International Critical Minerals and Metals Summit

Scheduled for September 24-26, 2025, in Bali, the upcoming International Critical Minerals and Metals Summit, organized by Fastmarkets, will provide a significant platform to discuss the future of critical minerals. The event represents an opportunity to:

• - Highlight Indonesia’s ambitions for downstream value production and the global investment landscape.
• - Engage with policymakers, investors, and industry pioneers to discuss strategic initiatives.
• - Tackle issues related to supply chain resilience and advocate for robust ESG standards and regulatory frameworks.
• - Explore the dynamic price and trade trends affecting global critical minerals markets.

Now in its second edition, this summit aims to unite key stakeholders across the minerals value chain—from miners and processors to OEMs, investors, and government officials—for three days of in-depth discussions on market insights, bilateral meetings, and investment-driven dialogues.

Raju Daswani, CEO of Fastmarkets, expressed: “Indonesia is integral to the future of global energy transformation. We are honored to cooperate with the Ministry of Investment and Downstream Industry for this summit. Our goal is to create a cohesive environment where policy, investment, and pricing strategies align to advance sustainable growth while reshaping supply chains.”

Minister Roeslani, who is at the helm of Indonesia's industrialization strategy, affirmed the country’s openness to global partnerships that reinforce its position in critical mineral supply chains. He remarked, “Our commitment is towards building a sustainable and transformative growth framework. We’re excited to host this global forum in Bali and collaborate with international stakeholders.”

In Conclusion

Fastmarkets and Indonesia's alliance on the critical minerals roadmap signifies a crucial step towards establishing a more sustainable and lucrative future—not only for Indonesia but for the entire global supply chain. As preparations for the summit continue, stakeholders across various sectors are keenly watching the developments that may emerge from this collaboration, which could very well redefine the dynamics of the mining and minerals industry.

For those interested in more information regarding the summit and Fastmarkets' initiatives, don't hesitate to visit their official webpage or reach out to them directly.