Danantara Strengthens Nickel Project Cooperation with French Company Eramet
Sat 19 Jul 2025, 15:58 PM
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The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) continues to strengthen its strategic partnership with the French global mining company Eramet. This is aimed at bolstering the downstreaming of minerals in Indonesia.
Danantara Chief Executive Officer (CEO), Rosan Roeslani, stated that France is currently the third-largest European Union investor in Indonesia. He stated that opportunities for cooperation between Indonesia and France remain wide open, especially with the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).
"France is currently the third-largest investor from the European Union in Indonesia. Collaboration opportunities remain extensive, particularly supported by the joint commitment through the IEU-CEPA", he said, as quoted from the official Instagram account @rosanroeslani, Saturday (July 19, 2025).
In the Breakfast Business Dialogue forum with France's largest business organization, Mouvement des Entreprises de France International (MEDEF International) some time ago, he and his team met with Eramet Group CEO, Paulo Castellari, and Eramet CEO, Jerome Baudelet.
The meeting was held to explore opportunities for long-term collaboration, from strategic alignment to knowledge transfer for a sustainable downstream future.
"In the Breakfast Business Dialogue with France's largest business organization, Mouvement des Entreprises de France International (MEDEF International), and the Indonesian Chamber of Commerce and Industry (Kadin), I emphasized the importance of opening investment opportunities in priority sectors through the role of Danantara", Rosan said.
Previously, the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) entered into an investment partnership with French mining giant Eramet in a nickel downstream project. Danantara and Eramet agreed to explore the establishment of a strategic investment platform in the nickel sector, from upstream to downstream operations.
The signing of this cooperation agreement was witnessed by President Prabowo Subianto and French President Emmanuel Macron on the sidelines of a bilateral meeting at the Merdeka Palace in Central Jakarta. The partnership aims to develop a sustainable and integrated ecosystem for raw materials for electric vehicle (EV) batteries in Indonesia.
The parties will conduct an initial assessment to identify the most appropriate projects to maximize the potential of the national EV ecosystem, while also preparing a roadmap for future collaboration. In implementing this collaboration, the parties agree that asset management must prioritize not only efficiency and economic value but also adhere to strict international standards.
Danantara Indonesia Chief Investment Officer (CIO) Pandu Sjahrir believes this partnership will strengthen Indonesia's position as a global hub in the EV battery supply chain. Pandu explained that under this partnership, Danantara will manage long-term financing to support investment development, while Eramet contributes its technical expertise and experience in running large-scale mining projects according to international sustainability standards.
"This partnership reflects a commitment to encouraging investment in world-class nickel downstreaming in Indonesia, which is a key pillar in strengthening the competitiveness of the national industry. This collaboration also integrates global technical capacity in environmentally conscious mining, supporting sustainable industrial development", Pandu said.
The Indonesia Investment Authority (INA) also contributed to this investment collaboration. Ridha Wirakusumah, Chairman of the INA Board of Directors, welcomed the partnership and stated that this initiative is a crucial step in strengthening the supply chain and downstreaming of Indonesia's critical minerals, particularly nickel, in line with INA's investment focus in the mineral and downstream sectors.
"The strategic collaboration between Eramet, Danantara Indonesia, and INA combines technical excellence and a global track record in sustainable mining management with the design of a long-term funding structure that supports industrial growth", explained Ridha.
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