The UK and Indonesia have signed a memorandum of understanding to establish a strategic partnership in critical minerals.
The agreement will facilitate policy dialogue and the sharing of technical expertise covering areas such as supply chain sustainability and primary and secondary processing of critical minerals.
The memorandum of understanding was signed by UK Development Minister Anneliese Dodds and Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia.
According to Dodds, the partnership “puts both countries as key players in the critical minerals supply chain.” The agreement, in particular, aims to create local jobs and protect the environment, including from damage caused by mining.
Indonesia has rich deposits of bauxite, coal, copper, gold and tin across 17,500 islands, and has the world’s largest nickel reserves. Currently, international attention is focused on the growth of its mining industry.
Hélène Tarin, Editor-in-Chief of the Asian Bureau, Rough&Polished