JOURNAL ARTICLE

SWOT analysis (strengths, weaknesses, opportunities, threats) of nickel to reach global electric battery market in Indonesia.

  • Published In: Mineral Processing & Extractive Metallurgy, 2024, v. 133, n. 1/2. P. 21 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Haryadi, Harta; Suseno, Triswan; Herlina, Ulin; Nurjaman, Fajar; Prasetyo, Erik; Handoko, Anton Sapto; Okfarina, Sri; Susanti, Diah; Bahfie, Fathan 3 of 3

Abstract

The article focuses on analyzing Indonesia's electric vehicle (EV) battery industry within the global nickel market, emphasizing the country's potential and challenges in leveraging its substantial nickel-cobalt reserves for EV battery production. Indonesia holds the world's sixth-largest nickel-cobalt reserves (4.56 billion tons) and benefits from a large workforce, stable economic growth, and a favorable investment climate, yet faces significant weaknesses such as inadequate infrastructure, limited technological mastery, weak law enforcement, and bureaucratic inefficiencies. The study employs a SWOT (strengths, weaknesses, opportunities, threats) analysis to identify strategies for Indonesia to enhance competitiveness, including improving workforce qualifications, advancing technology through international collaboration (notably with China, Japan, and South Korea), and strengthening infrastructure and regulatory frameworks. Despite strong global demand growth for EVs projected to reach 145 million units by 2035, Indonesia must address internal weaknesses and external threats from other nickel-producing countries to capitalize on its resource advantages and participate effectively in the global EV battery supply chain.

Additional Information

  • Source:Mineral Processing & Extractive Metallurgy. 2024/06, Vol. 133, Issue 1/2, p21
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2024
  • ISSN:2572-6641
  • DOI:10.1177/08827508231225025
  • Accession Number:177943472
  • Copyright Statement:Copyright of Mineral Processing & Extractive Metallurgy is the property of Sage Publications Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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