Indonesia’s electric vehicle batteries dream has a dirty nickel problem
'For EV manufacturers struggling to source nickel in a tight market, Indonesia has become a key supplier in the past year.
But there is a catch: Indonesia’s nickel sector is particularly carbon-intensive and environmentally damaging.
This creates an awkward challenge for EV manufacturers, who are under pressure to manage environmental, social, and governance (ESG) issues in their supply chains, including carbon emissions.
Some EV manufacturers have expressed a preference for “low-carbon” nickel. However, the supply of “low-carbon” is insufficient to meet forecasted demand, and it comes with a higher price tag.'
Blackstone minerals are ticking all the boxes, building a company that's well positioned to capture the growing demand for low carbon Nickel.
