Indonesia to Promote Integrated Rare Earth Industry, Boost Downstream Development and National Competitiveness
[SMM Rare Earth Express] Duduun Abdurrahman, Head of the Executive Office of the President of Indonesia (KSP), stated that Indonesia will promote the establishment of an integrated rare earth industry ecosystem, accelerate the downstream development of critical minerals, and enhance national industrial competitiveness and supply chain security. Abdurrahman noted that Indonesia has around 350,000 mt of rare earth oxide reserves, but the added value of these resources has not been fully released. In the future, the country will strengthen the development of high-value-added segments such as rare earth separation, refining, and permanent magnet materials, and promote the application of rare earths in strategic industries including semiconductors, NEVs, batteries, renewable energy, and national defense. Meanwhile, the government will improve downstream rare earth policies, tackle issues related to technology, regulation, and supply chain traceability, reduce exports of low-value-added raw materials, and enhance global competitiveness.