November 29, 2022

Indonesia considers Opec-style cartel for battery metals

Indonesia considers Opec style cartel for battery metals

Indonesia considers Opec style cartel for battery metals

Indonesia is learning the institution of an Opec-like cartel for nickel and different key battery metals, highlighting the geopolitical confidence of countries which are wealthy in sources wanted to make electrical vehicles.

Bahlil Lahadalia, the nation’s funding minister, stated Jakarta was mechanisms much like these utilized by Opec, the group of 13 oil-producing nations, that could possibly be employed within the provide of metals which are central to the vitality transition.

“I do see the benefit of…

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