The Western Australian Government has signed a Plan of Action (PoA) with Indonesia’s Chamber of Commerce and Industry (KADIN) to support the Memorandum of Understanding on critical minerals that was established in February 2023.

 The PoA was signed by Western Australia’s Premier Roger Cook and KADIN Chairman Mr Arsjad Rasjid, at the Shangri-La Sydney on 4 July, as part of the official program of events for President Joko Widodo’s visit to Australia from July 3-5.

The PoA runs from 2023-2025 and focusses on three pillars of cooperation to develop the critical minerals and battery industries of both regions: value-adding, resilient and sustainable critical minerals and battery industry supply chains; sustainable environmental and social governance (ESG) outcomes and skilled workforce development.

Activities to implement the plan will include high-level meetings, business forums and the commissioning of strategic analysis report to map future opportunities for Western Australia and Indonesia to collaborate under the three pillars of cooperation.

With the increasing demand for critical minerals and the large up-scaling of battery supply chains required to address climate change, the agreement supports the economic objectives of the two parties and helps them meet their respective industry development and emissions reduction targets.

WA is already a leading supplier of battery and critical minerals. The State accounts for almost half of global lithium production and is a major exporter of nickel, cobalt, manganese and rare earths, with critical minerals processing and other value-adding industries rapidly emerging.

For more information on business opportunities in Indonesia, Western Australian businesses can reach out to the team at investandtrade@jtsi.wa.gov.au.

Photos supplied by Indonesian Presidential Communications Office

Published on: 05 July 2023