Does World's Largest Nickel Miner Need To Choose Between China And US?

Fueled by heavy Chinese investments, Indonesia is keen on leveraging its nickel to become Southeast Asia’s leading producer of electric vehicles (EVs).

As the world’s top miner of nickel, a crucial part of EV and lithium batteries, Indonesia banned nickel exports in 2020 - a controversial move that prompted foreign investors to set up more smelters in the country and drive up its metal export value.

Besides this, Indonesia has partnered with automakers from South Korea’s Hyundai to China’s BYD to set up EV assembly and battery factories in the archipelago. In late 2023, it even announced a joint agreement with the United States to develop a critical minerals pact - with an eye on future limited free trade with American subsidies that could benefit its locals.

00:00 Indonesia Morowali Industrial Park
01:38 Forging a Sino-Indonesian partnership
02:42 Indonesia's nickel export ban
03:26 Nickel as the new ‘gold’
04:30 President Jokowi’s EV ambition
06:12 Navigating geopolitical tensions

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Part 2: New Economic World Order? Industrial Policies & De-Risking From China | When Titans Clash 3 - Part 2

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[DiniKusuma]

Why did Tesla canceled their investment in Indonesia ?? because Elon Musk couldn't follow Indonesian laws especially about technology-transformation, plus they asked for higher sharing profit ... thus making Indonesia has better business relation with China, bc China agrees to follow Indonesia's regulations
So, it's not about which country closer to Indonesia, but about which country gives 50-50 profit between investor and Indonesia

[CjxJamie]

Normal Chinese people simply do not even expect anyone to be forced to choose just one between China and US.
The whole "Either with me, or against me" mentality is very Western. And of course the mentally colonized Asians also adopted this divisive framing.

[esashaik]

This nickel is going to make Indonesia into a very rich country similar to the oil did for Saudi Arabia.Indonesia is not a small country like Singapore.Indonesia can trade with any country without picking sides.

[jw-]

US seeks for its own national interest all the time, why can't other countries do the same? Indonesia does not have to choose between the China and US, China and US have to make their own choice if they want to work in Indonesia. US needs to stop trying to 'Americanize' other countries.

[godzillamothra]

Indonesia isn't choosing between China or the US, Indonesia is choosing its own national interest. Indonesia want investors to build the nickel industry in Indonesia to bring more jobs. The US companies don't want to do that, while the Chinese are enthusiastic to do that. Indonesia never ban the US from investing. Now the US is supporting the traitorous opposition factions in Indonesia to change the policy, now who is interfering with Indonesian politics? For China, it doesn't matter, China will benefit anyway whether Indonesia require foreign companies to open smelting factories in Indonesia or not. Even if the law is repealed, China can still buy the nickel in open market, maybe that will be even more beneficial to China.

[joMan]

Why people ask about Indonesia side with China or US ?
INDONESIA Side with INDONESIA National Intrest.
if you want to work with Indonesia, we are open for business.
on Nickle issue, So far mostly china willing to cooperate, while European and the west are suing Indonesia in WTO instead...if EU and US willing to cooperate like China, we Indonesian will welcome with open arm.
Military and security, Indonesia work with EU like French, UK and also US, because china SCS issue.
as simple as that.

[BadBoy-ynee]

If we have to choose, , we better cooperate with China rather than US..😂😂🤭

[yosichadutawisnuandika]

Many nickel smelter factories in Europe have collapsed, one of which in Canada is reported to have gone bankrupt.
Based on national media research, one of them resulted in Indonesia stopping exporters of nickel rare earth raw materials, so that Indonesia was reportedly sued by western countries several times through the WTO for stopping imports of raw materials.
Let's see whether the next elected president of Indonesia will still be in line and have the same thoughts as the current President of Indonesia.

[joannoni]

With the current condition, Indonesia don’t need Tesla. Indonesia have many investors for EV, and their prices are much cheaper compared to Tesla. Malaysia can have Tesla, we have option.

[ahmadtarmiji]

INDONESIA sudah resmi merdeka berhak menentukan nasib sendiri 👍

[micaellanoeric]

Indonesian: "We welcome you all except Israel." 😬

[papajahat]

Both US and China, anyone who wants to collaborate in the development of electric batteries in Indonesia of course we really welcome it. we don't want enmity, we want to be friends with anyone. mutually beneficial cooperation

[swakal]

What's problem with Singporeans? Do they always dream in Binary Geopolitics? Choose between China and US ? Like this naive geopolitics is long dead.
Hope Singapore create good geopolitical analysts who atleast come out of Western Binaries construct of world - black, white and good, bad

[bdsystemsb]

Only ONE is forcing Indonesia to take sides. Indonesia decides what is best for itself.

[asrie]

Good move Eksports silaturahim dari Kuala Lumpur Malaysia 🤝

[hongsienkwee]

No mention of CATL and BYD as the largest starts building a factory in Jan this year 2024

[johnbrandalle]

Prinsip bisnis china sebagai mana prinsip bisnis orang2 tionghoa di indonesia..ketika mereka mendapat proyek kerjasama bisnis, mrk tdk trlalu mementingkan untung besar.mereka lebih terdorong pekerjaan itu bisa terus jalan biarpun untung sedikit tetapi berkelanjutan..di harapkan satu proyek kerjasama selesai, mitra akan memberi proyek pekerjaan yang lain..mereka melihat potensi jangka panjang.

[SMPNMuaraKemumu]

This is the reason why BYD get biggest sells of EV can lose tesla and japan EV.😮

[jokohadipurnomo]

We don't need Tesla tho, it's enough with just BYD. Tesla is too tricky from the begine with

[datianlongan]

America used to be a model "free enterprise" country until it was engulfed by geopolitics