Jakarta, CNBC Indonesia – The government, in this case the Coordinating Ministry of Maritime Affairs and Investments (Kemenko Marves), noted that until the end of this year, the value of exports of nickel or downstream nickel derivatives could reach 33 billion US dollars or Rp 514 trillion. Rp rate. 15,600 for US$).
As of October 2022, the value of downstream nickel exports exceeded $28.3 billion.
Investment and Mining Coordination Deputy at the Coordinating Ministry of Maritime Affairs and Investment Septian Hario Seto said Indonesia has realized the development of value-added industries from the nickel raw material sector.
This added value is known to be done through the downstream nickel in the steel. Indeed, in the future, the added value will be further developed by nickel derivatives lithium battery
As an example, Septian Seto said, the value of downstream nickel exports this October reached $28.3 billion. It is expected that by the end of this year the figure could approach $33 billion or Rp 514 trillion. “We estimate the figure to be close to $33 billion. This is something very significant,” Septian Seto explained in the Investment Partnership Forum, Wednesday (7/11/2022).
In fact, the government is currently intensively developing the downstream mining sector as a way to increase added value.
Septian Seto said that in the past Indonesia’s economic mentality was like “chicken” or in this case dig and then eat. We then continue with the ‘monkey’ economy if collected directly at the meal. “I think the mindset changes how we use our SRM, our raw wealth becomes higher value added. This will have a significant impact,”
“We started nickel from steel, we will aim for lithium batteries,” Septian Seto said.
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