7min chapter

HSBC Global Viewpoint: Banking and Markets cover image

Under the Banyan Tree - ASEAN Insights: Indonesia

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Indonesia's Transformation in Processing Natural Resources

This chapter discusses Indonesia's shift from exporting raw minerals to processing nickel for export. It explores Indonesia's role in the energy transition agenda and its potential growth in the next five years, including the country's move towards green energy and the risks it faces in terms of its carbon footprint and competition with lithium in EV batteries.

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