Trend of critical minerals utilization for Indonesia’s Sustainable Energy Transition: A review

Abstract

The European Union calculates supplies of essential minerals using an economic significance index, a supply risk index and an environmental risk index. The U.S. Geological Survey uses three indicators to assess critical mineral risks in the country: foreign ownership of mineral assets and activities, trade dependence, and indirect trade dependence. Indonesia has a history of strong mineral production, and new prospects in the critical minerals sector are developing rapidly. Positioned as a major producer of nickel, the main component of lithium-ion batteries used in electric cars. This supports technological innovation that can improve infrastructure and support sustainable development, which is in line with SDG 9. Indonesia is increasing its capacity to produce other important minerals, such as rare earth elements and cobalt, in addition to nickel production. This research uses the literature study method. The aim is to review the development of essential minerals towards sustainable development.