China looks at downstream nickel industry in Indonesia


China is Indonesia’s second-largest foreign investor after Singapore and a major consumer of its raw materials. Photo: AFP

JAKARTA: Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan says China had expressed interest in investing in the downstream nickel industry in Indonesia, namely with a cutlery factory.

“(China) has expressed its interest in joining us for stainless steel downstreaming (production) into forks, spoons, syringe needles and other products,” Luhut said on his Instagram account.

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