#Chinese #EV battery maker #CATL, and others have been ramping up investment on the prospect of #Indonesia's role in supporting 50% of global refined #Ni (nearly $596 billion in 2022). With #ElonMusk forging closer ties w/President #Jokowi and supporting more Chinese involvement, it looks more like #sustainability will 'take a back seat' to unfettered large-scale financial leveraging, even w/the potential & realised #publichealth and #ecological impacts, à la #Bangtaeng.
https://www.eco-business.com/news/mineral-hungry-china-funds-indonesias-ambition-to-dominate-ev-space-stakes-claim-on-nickel/