Flooring Guide by Cinvex – – Rosan Roeslani, CEO of Danantara Indonesia, has affirmed the company’s strong commitment to fostering diverse strategic investment collaborations across Indonesia. This includes actively exploring potential acquisitions of shares in foreign companies, underscoring Danantara’s proactive approach to enhancing the national investment landscape.
Rosan’s statement comes in direct response to recent discussions concerning the potential acquisition of shares held by French mining firm Eramet in PT Weda Bay Nickel (WBN), located in North Maluku. He emphasized that Danantara consistently remains prepared to engage in any corporate actions deemed strategically vital for bolstering national investment strength and resilience.
“Fundamentally, we are very open to discussions and conversations regarding investments here in Indonesia. Danantara is also positioned to serve as a strong local partner in these endeavors,” Rosan stated during an interview at the Presidential Palace Complex in Jakarta, as reported by Antara on Thursday, May 14th.
He further clarified that discussions surrounding this potential partnership are currently in their nascent stages and have yet to reach a definitive conclusion. Nonetheless, Danantara is committed to maintaining active and open communication channels with Eramet, ensuring a continued dialogue on future possibilities.
“We are indeed very open. We are also actively engaging in discussions with Eramet,” he reiterated, highlighting the ongoing nature of their collaborative explorations.
Rosan articulated his vision for Danantara, expressing hope that the company’s involvement will significantly bolster Indonesia’s pivotal role in the development of critical national strategic projects. His particular focus lies within the vital mineral resources sector and the broader industrial downstreaming initiatives, aiming to add greater value domestically.
Looking ahead to 2025, Jerome Baudelet, CEO of Eramet Indonesia, previously revealed that his company is exploring a strategic nickel investment partnership. This ambitious collaboration involves Danantara and the Indonesia Investment Authority (INA), signaling a robust alliance for future growth.
Under this prospective plan, Danantara and INA are set to partner with Eramet to establish an integrated investment platform specifically within the nickel sector. This comprehensive platform aims to cover the entire value chain, spanning from crucial upstream activities all the way through to advanced downstream processing, ensuring a holistic approach to nickel resource development.
Pandu Sjahrir, Chief Investment Officer (CIO) of Danantara, previously indicated that this strategic collaboration is precisely tailored to strengthen the development of a sustainable ecosystem for electric vehicle (EV) battery raw materials in Indonesia. This initiative underscores the nation’s commitment to becoming a key player in the global EV supply chain.
According to Pandu, Danantara and INA will collectively play a crucial role in providing essential long-term financing, thereby catalyzing investment development across the integrated platform. In parallel, Eramet is expected to contribute its invaluable technical expertise and extensive experience in managing large-scale mining projects, adhering to the highest international sustainability standards to ensure responsible and impactful operations.
Summary
Danantara Indonesia, led by CEO Rosan Roeslani, is actively exploring a strategic partnership to acquire shares in PT Weda Bay Nickel currently held by the French mining firm Eramet. This potential collaboration aims to establish an integrated investment platform covering the entire nickel value chain, from upstream mining to downstream processing. While discussions remain in the early stages, Danantara is committed to maintaining open communication to bolster national investment and industrial capacity.
The proposed initiative, which may also involve the Indonesia Investment Authority (INA), seeks to develop a sustainable ecosystem for electric vehicle battery raw materials. Danantara and INA are positioned to provide long-term financing, while Eramet is expected to contribute its technical mining expertise. This alliance reflects a broader national strategy to enhance Indonesia’s role within the global electric vehicle supply chain through responsible and high-value resource development.