Sanur, Bali, Oct. 19 -- Coordinating Minister for Downstreaming and Energy Transition, who also serves as Energy and Mineral Resources (ESDM) Minister, Bahlil Lahadalia, has set a target for Indonesia's nickel export value to reach between US$45 billion and US$50 billion by 2026.

This target is being driven by a downstreaming policy designed to increase the value-added of natural resources and strengthen Indonesia's position within the global industrial supply chain.

"Our nickel exports reached US$34 billion in 2023, and I have set a target for 2026 to exceed US$40 billion-likely somewhere in the range of US$45 billion to US$50 billion," Bahlil said during the Bali Tech Week 2026 forum in Sanur, Bali, on Monday.

Bahlil noted that downs...