Indonesia

“Indonesia is really a high-cost producer. They produce out of a type of deposit called laterites, which are almost like metallic dirt low concentration, kind of high processing costs. It costs, you know, it costs 15, 20, 25 dollars a kilogram to process that.”

“I strongly suspect that there will be more solar in Indonesia than we forecast. Solar will get cheaper than coal there. It will find places to ease in. The government will probably even change its policy.”

“For most of these electric vehicle batteries of all of the minerals is going to be nickel. And then lithium and cobalt probably fall in second, but the single biggest number to shoot for is the nickel itself, and that's a problem because most nickel is coming …”

“So Indonesia, for example, implemented a nickel export ban over several years to force investment into Indonesia's processing capacity. And that worked very well.”

“What you see is a lot of their attention are not really focused right now The Western countries, but rather a lot of the global South countries like Brazil, Thailand, Indonesia, Central Asia, probably a lot of the Middle Eastern countries, I would say. But tho…”

“I mean, the supply chains for LFPs have been largely within China. You're seeing that now spread more broadly. So Indonesia, Morocco are all areas now where you're seeing a lot more investment going into it.”