The ban is part of Indonesia’s ‘downstreaming policy’ to boost revenue from raw materials by requiring miners and producers to build onshore refining facilities.
In a recent development, the State Government convened a meeting of a high-power committee to explore various options, which included supplying bauxite ore to
make the evs that we are compelled by the government to purchase. pete: we are subsidizing this push for ev giving credits to other types of vehicles. it is taxpayer dollars supporting the ability for china to corner that market. we talk about this electric vehicle a little bit and have a graphic that shows the types of components, all electric vehicle, we talk about cobalt, that is the battery, the bottom four, the battery is no longer in the front, it is in the bottom. will: that is the car, everything going into it. you can see the portions of the vehicle made from aluminum, we talked about bauxite that comes from places like africa and dependence on copper when it comes to whether elements in the electric traction. the entire ev vehicle, there you have it, from the materials in africa to the power in china, what it means if you want to go green.