Mining Directory

PresidentJokowire-emphasized its importance downstream economy. According to him, economic downstreaming can be carried out successfully if all parties are consistent. "Don't just be happy because of the success in nickel. Yes, nickel is indeed an example. In the past, when we exported raw US$1.1 billion when we were still exporting crude. In 2022, I estimate it will be around US$30-33 billion. Dollars. Imagine from Rp. 17 trillion it jumped to Rp. 450 trillion," Jokowi said while giving a keynote speech at the Mandiri Investment Forum, Fairmont Hotel, Jakarta, Wednesday (1/2).

Jokowi also asked all parties to move forward. Because if not, Indonesia will not become a developed country if it is afraid of releasing existing raw materials. "The downstream mining and oil and gas impact project adds 699 billion GDP and open jobs at 8.8 million. This is a big impact. It opens up as many jobs as possible," he said. Currently, continued Jokowi, Indonesia has stopped exportsnickel. The government plans to stop bauxite exports in December.

"In a moment I want to announce that copper will stop this year because I checked yesterday's Freeport smelter and the smelter in NTB is more than 50 percent, so Freeport is more than 51 percent. Freeport is already the majority of us. Don't imagine that Freeport still belongs to America." We already have the majority," he said.  "Let me just give an example. Indonesia exports the raw material for bauxite, we are number 3 in the world. It is raw that we export. But our aluminum exports are number 33. Raw material is number 3, sis. Semi-finished goods, finished goods at (number) 33," he said again. Jokowi also revealed that Indonesia is number 31 as a solar panel exporting country in the world. In fact, the materials to produce solar panels are in Indonesia.

"If we do solar panels, the added value is up to 194 times. Why haven't we done it for decades? What have we done wrong?" asked Jokowi. According to Jokowi, Indonesia is too comfortable with raw exports because it gets the money the fastest. Even if Indonesia produces itself, the country's added value can increase up to 194 times. "PRC, China export number 18. But export solar panels number 1 in the world. Where do these goods come from? Where do the raw materials come from? 80 percent more than us," he said.

Furthermore, Jokowi asked all parties not to be afraid. He also gave an example of Indonesia's lawsuit regarding nickel at the WTO which ultimately lost. "Get sued, yes, prepare a good lawyer. But we lost. We lost. We don't know if we win or lose the appeal. Don't fade. If it fades, don't expect us to become a developed country," he said.

Source: https://kumparan.com/kumparanbisnis/jokowi-ri-jadi-eksportir-bauksit-mentah-nomor-3-di-dunia-1zkYMyat7O5/full