"U.S. and Indonesia Explore Potential Mineral Deal for EVs"
The United States and Indonesia are set to discuss the potential for a minerals partnership focused on stimulating the trade of nickel, a key component in electric vehicle (EV) batteries. Indonesian President Joko Widodo will meet with U.S. President Joe Biden on Monday to discuss next steps towards formal negotiations. The Biden administration is concerned about environmental and social standards in Indonesia and plans to consult with lawmakers and labor groups. The discussions aim to ensure that any potential nickel supply is produced with minimal environmental impact. Indonesia, which holds the world's largest nickel reserves, is keen to develop an EV supply chain using its vast nickel reserves.
