Money
Country with the world’s richest nickel reserves high on Musk’s radar
Indonesia’s President Joko Widodo visited Washington as his U.S. counterpart Joe Biden visits Asia to court the region against growing Chinese influence
But it was the President’s visit to Texas that has the world talking.
Widodo met with Tesla and Space X founder Elon Musk at the private space agency’s headquarters
Musk is hinting at major Tesla and Space X partnerships in Indonesia, which has the world’s richest nickel reserves.
Musk declared he was “very interested” in the future of Indonesia, a country of 270 million people.
The world’s richest man also said Indonesia has “positive energy” and says future collaboration will be on many fronts.
But environmental groups aren’t happy, they say nickel mining has caused environmental and health hazards in Indonesia
Along with Australia, Indonesia has the world’s largest nickel reserves.
Despite concerns, Indonesia is seeking to cash in on the global transition to electric vehicles by luring foreign investment from the likes of Musk.