Nickel is a central component of the transition away from fossil fuels, making access to Indonesia’s stocks an objective of greatest urgency.
“It’s frustrating.”Money and PowerAt 76, Mr. Luhut remains wiry, spry and prone to nationalist pique.
He vehemently rejects the notion that Indonesia — a country of nearly 280 million people — must pick a side or imperil its business with the United States.
The animosity between the United States and China was not the only issue causing him angst.
Since the ban was introduced in 2014, Indonesia’s exports of nickel products have multiplied more than tenfold, exceeding $30 billion last year, according to government data.
Persons:
Biden, ”, “, spry
Organizations:
National Security Council, Everything, European Union
Locations:
Jakarta, America, Indonesia, United States, China