Wahyu Dwi Anggoro
IDXChannel - Australia and Indonesia have agreed to advance mutually beneficial cooperation on battery manufacturing, critical minerals processing and other aspects of the electric vehicle ecosystem.
Australian Minister for Industry and Science Ed Husic has used his visit to Jakarta to sign a Memorandum of Understanding (MoU) establishing an EV collaboration mechanism, with Indonesia's Acting Coordinating Minister for Maritime and Investment Affairs Erick Thohir.
Under the mechanism arrangement, both countries will work together on mapping EV supply chains, joint scientific and research studies, as well as fostering new business-to-business links.
“By collaborating on growing strong and diverse clean energy supply chains, both countries can further our shared economic interests as well as our trade and investment links," Husic said in a media release on Friday (24/11/2023).
“This mechanism also paves the way for harnessing joint scientific and research studies, including around critical minerals processing and battery development, and facilitating partnerships between businesses in both our countries," he added.
