Downstream Investment in Critical Metals: Unlocking the Full Value of Indonesia's Resources
Todotua Pasaribu, Vice Minister of Ministry of Investment and Downstream Industry of Indonesia, stated that amid climbing global demand for critical minerals and concentration of resources in specific regions, the strategic significance of this category continues to grow. Leveraging its resource endowment, Indonesia is vigorously advancing the downstream transformation across the entire industry chain, which serves as a core national strategy for boosting the economy and optimizing the supply chain structure. Under the President's policy directives, Indonesia has designated mineral deep processing as a pillar of industrial upgrading. The government has identified 28 categories of strategic minerals across eight major sectors, with estimated potential investment of roughly $618 billion.