Indonesia has taken a firm step towards strengthening its mining industry by identifying eight blocks with high potential for rare earth and strategic mineral reserves. The Mineral Industry Agency announced that these blocks are located in key regions such as Kalimantan, Sulawesi and Bangka Belitung, areas rich in hitherto under-exploited deposits.
The nation, recognized globally as a leader in nickel and tin production, is now seeking to expand its influence in the market for critical materials. Rare earths, a group of 17 elements essential for manufacturing components such as magnets in electric vehicles and technological systems, represent a key part of this strategy.
Perminas, the new state-owned mining company, is born
In this context, the government has entrusted the future extraction of these blocks to Perminas, a state-owned company recently created to operate in the strategic minerals segment. In addition to rare earths, the identified blocks contain tungsten, tantalum and antimony, elements relevant to the defense industry. defense industry and the global energy transition.
Brian Yuliarto, chairman of the Mineral Industry Agency, reported that reserves are “promising enough” to position Indonesia as a competitive player against established powers in the sector.
Technology and research to enhance exploration
The government plan includes the launch of two research projects in Mamuju, West Sulawesi. These studies will focus on developing processing technology adapted to the elements present in Indonesian soil. Research and preparation for exploration will proceed in parallel, with the aim of optimizing resource utilization from the outset of mining activity.
With this initiative, Indonesia is preparing not only to ensure its security in the supply of key resources, but also to consolidate its position as a global benchmark in the critical materials needed for clean technologies and for clean technologies and strategic applications.
Source: Reuters
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