[SMM Flash News] Indonesia Open to Philippine Nickel Supply for Regional Battery Ecosystem

Published: May 7, 2026 15:08

Save

During the 48th ASEAN Summit in the Philippines on May 7, 2026, Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated that Indonesia is open to cooperating with the Philippines on nickel supply to bolster the regional electric vehicle battery ecosystem. While Indonesia is not currently planning upstream investments in the Philippines, Bahlil emphasized that the Philippines could serve as a vital raw material supplier should Indonesian domestic supply face shortages, highlighting a strategic effort to build a unified energy strength within Southeast Asia.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

26 mins ago

Data: SHFE, DCE market movement (May 07)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 May , 2026

26 mins ago

2 hours ago

[SMM Analysis] Rising Raw Material Costs Push Ternary Cathode Precursor Prices Higher This Week

2 hours ago

[SMM Analysis] Spot Costs Remained Elevated, Nickel Salt Prices Rose

2 hours ago