Indonesia's Battery Ambition: $6 Billion Partnership with Huayou
On January 30, Indonesian state-owned mining company Antam, national battery platform IBC, and the HYD consortium led by Huayou signed a framework agreement to launch a super project covering the entire chain from nickel ore to battery cells, with a total investment of $6 billion, a target capacity of 20 GWh, and locations in North Maluku and West Java. This is not a marketing gimmick but a substantive move by Indonesia to advance its goal of becoming a global battery ecosystem hub, with Huayou as the core executor. Indonesia's confidence stems from its nickel resources: in 2024, its nickel output was approximately 2.2 million tons, accounting for 59% of the global total and continuing to grow, giving it both core resources and the potential to compete for pricing power in the industry chain.
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Indonesian Classification Society Expands into China Market
The Indonesian Classification Society is expanding its international business and plans to enter the Chinese market to align with the growing trend of shipping activities and ship certification demand in Asia. The company's management recently visited the Beijing Maritime Safety Administration for special discussions on technical cooperation for ship inspection and certification, as well as the operational preparation of the Indonesian Classification Society's China service office. The President of the Indonesian Classification Society stated that entering China is a strategic move to meet the needs of international market customers. Establishing a physical presence in this global maritime hub is crucial for improving service response efficiency and enhancing corporate competitiveness. During the meeting, both sides also discussed deepening maritime
Indonesia Plans to Favor Nickel Battery Electric Vehicles
The Ministry of Industry proposes higher incentives for nickel battery (NCM/NCA) electric vehicles over lithium iron phosphate (LFP) battery models, which industry observers believe can drive the development of Indonesia's automotive industry. Indonesia has the world's largest nickel reserves (approximately 55 million tons, 45% of global total) and is the world's largest nickel producer (50% of global output). This policy has strong macroeconomic logic, reflects industrial nationalism, and can promote deep integration of Indonesia's upstream nickel industry with downstream battery and EV industries, creating a vertically integrated ecosystem and maximizing added value.
Chinese Imported Trucks Impact Indonesia's Domestic Industry
In 2025, Indonesia's Class III truck commercial vehicle industry fell into development difficulties due to the dual impact of mineral price fluctuations and the influx of Chinese complete vehicle imports. Local companies faced unfair competition, severely affecting their production and business operations. A large number of Chinese Class III trucks entered the Indonesian market without complying with proper import procedures or undergoing vehicle type testing, and illegally sold Euro 2 standard models, deliberately circumventing the Euro 4 standards that local companies must strictly follow. It is reported that the number of such unregistered imported vehicles has reached tens of thousands, and they are also operating illegally on public roads, severely disrupting the competitive balance in Indonesia's domestic market. KTB company
Indonesia to Launch Second Round of Waste-to-Energy Tender in Mid-February
The Indonesia Investment Authority (INA) announced that it will immediately launch the second round of tenders for Waste-to-Energy (PSEL) projects after announcing the results of the first round in mid-February 2026. Six additional regencies/cities that have completed preparations will be added, with partner recruitment expected to officially begin at the end of the first quarter of 2026. Together, the two rounds cover 10 regencies/cities. However, the head of INA's waste-to-energy business has not yet disclosed the specific list of regencies/cities involved in the second round. The four core areas in the first round are Bogor City, Bogor Regency, Denpasar City, Yogyakarta City, and Bekasi City. These areas have
Indonesia Waste-to-Energy Projects to Break Ground in Batches from March to June
PT Danatara announced that the groundbreaking ceremonies for the nationwide Waste-to-Energy (PSEL) projects are expected to start in batches from March to June 2026. The project is being carried out under Indonesia's Presidential Regulation No. 109 of 2025, a 30-year national long-term plan aimed at addressing the urban waste crisis while enhancing national energy resilience. The project implementation is divided into four main phases, with the first batch to be launched in four regions with mature foundational conditions: Bandung, Bogor, Bali, and Yogyakarta. According to the timeline released by Danatara, from October to December 2025, the screening of qualified supplier lists and distribution of Request for Proposal (RFP) documents were completed.
Indonesia's First Sea-Shipment of Frozen Durian Enters Chinese Market
A reception ceremony was recently held at Qinzhou Port in Guangxi, marking the official entry of Indonesia's first sea-shipment of frozen durian into the Chinese market. This is a significant step in expanding bilateral agricultural trade between the two countries. The shipment carried 23 tons of Indonesian frozen durian pulp and puree, departing from Jakarta Port on December 26, 2025, clearing customs on January 5, and arriving at the bonded warehouse of Qinzhou Comprehensive Bonded Zone, thereby establishing a direct sea logistics route from Indonesian production areas to the Chinese market. Previously, Indonesian frozen durian had only entered China in small quantities via air freight. With mature shipping routes and cold chain logistics,
Indonesia Fails to Reveal Nickel Output Cut Details, LME Nickel Prices Plunge Nearly 8% in Two Days
Nickel prices retreated from 19-month highs as Indonesia failed to provide details of a nickel production cut plan that had previously triggered a price surge. Three-month nickel futures on the London Metal Exchange (LME) fell 4.4%, and in trading on January 14, nickel prices dropped another 3.4% after climbing to $18,800 per ton (an intraday high since June 2024) in the previous session. Investors had driven nickel prices higher on bets that output from Indonesia, the world's largest nickel supplier, was at risk. Indonesia had previously hinted at plans to cut nickel production in 2026 to balance market supply and demand, but the Ministry of Energy and Mineral Resources, at a press conference on January 14,