At the Indonesia Critical Mineral (ICM) 2025 forum in Jakarta, the Ministry of Investment highlighted a national strategy to boost foreign and domestic interest in the mineral sector. Rizwan Aryadi Ramdhan, Director of Mineral and Coal Downstreaming, announced a 15-year roadmap through 2040, projecting up to USD 61 billion in potential investment. This initiative is expected to generate 3 million jobs and significantly contribute to Indonesia’s GDP.
Currently in its second phase (2025–2029), the roadmap focuses on enhancing production of value-added products like battery precursors and steel. Rizwan emphasized that the downstreaming strategy is not just about economic value but also securing sustainable supply chains for critical minerals like nickel, copper, and bauxite—essential to global energy transition and green technologies. To attract investors, the government has streamlined policies, improved cross-sector coordination, and implemented an efficient online licensing system. These efforts aim to boost investor confidence by offering transparency and ease of doing business. The ICM 2025 event, attended by industry leaders, researchers, global investors, and regulators, serves as a key platform for accelerating Indonesia’s mineral downstreaming transformation.
