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US and Indonesia to discuss potential for deal on electric vehicle minerals
- Indonesian President Joko Widodo will meet US President Joe Biden at the White House on Monday, sources with knowledge of the conversations said
- The leaders will discuss how to advance a potential minerals partnership aimed at stimulating trade of the electric vehicle battery metal nickel
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The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed at stimulating trade of the electric vehicle (EV) battery metal nickel, according to three people with direct knowledge of the conversations.
Next steps that could move the countries toward formal negotiations on the partnership will be discussed when Indonesian President Joko Widodo visits the White House for a meeting with US President Joe Biden on Monday, according to one of the people.
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The Biden administration is still concerned about environmental, social and governance standards in Indonesia and is examining how a deal might work, the sources said. The administration also plans further consultations with US lawmakers and labour groups in the coming weeks, one of the sources said.
“There’s a lot of work to do before we are able to formally announce negotiations on a critical minerals partnership,” the person said.
The Biden administration is also discussing ways to carve out any nickel that is extracted from Indonesia but processed in China from receiving the IRA credits, one of the sources added.
The White House did not respond to a request for comment.
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