At a time of global energy transition, the world is racing to secure critical mineral supplies such as cobalt, nickel, and lithium, so much so that critical minerals security has turned into a strategic geo-economic issue. The electric vehicle (EV) market alone saw unprecedentedly rapid growth of 60 percent in 2022, exceeding 10 million units … Read more
In a global system characterized by geopolitical turbulence, Indonesia stands as a rising economy and key player in international affairs. Over the past two decades, Indonesia has experienced strong economic growth. By 2030, the thriving republic is projected to become one of the world’s seven largest economies and to enter the top five by 2050. … Read more
November 14 was a pivotal moment in the annals of Indo-Pacific geopolitics, as leaders from 14 nations came together to endorse the Indo-Pacific Economic Framework (IPEF)’s Supply Chain Agreement. This U.S. initiative is the bedrock of an ambitious initiative that seeks to transcend the traditional boundaries of trade and supply chain resilience to embrace clean … Read more
On Monday, Indonesian President Joko Widodo will hold a bilateral meeting with U.S. President Joe Biden at the White House on Monday, prior to next week’s APEC Leaders’ Meeting in San Francisco. There will no doubt be a number of issues on the agenda, but according to some reports, one shared interest is both countries’ … Read more
In April 2023, the United States government introduced guidance for the $7,500 tax credit for the purchase of each electric vehicle (EV) under the Inflation Reduction Act (IRA) 2022. To be eligible for half of the credit, a portion of the “critical minerals” used in the EV’s battery must come from a country with which … Read more