March 15, 2026 | 09:18 pm
TEMPO.CO, Jakarta - Indonesia and Japan signed a Memorandum of Cooperation (MoC) in critical minerals and nuclear energy on Sunday, March 15, 2026, on the sidelines of the Indo-Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo.
Indonesia's Minister of Energy and Mineral Resources Bahlil Lahadalia stated that the partnership aims to build a more integrated and sustainable energy system.
He noted that Indonesia remains open to collaboration in managing critical minerals, as the country possesses the world’s largest nickel reserves as well as substantial deposits of bauxite, tin, copper, and rare earth minerals.
"We are delighted to invite the Japanese government and our Japanese business partners to jointly manage our critical minerals in Indonesia," he remarked in a statement on Sunday, as quoted from Antara.
On the same occasion, Japanese Minister of Economy, Trade, and Industry (METI), Ryosei Akazawa, emphasized the importance of collaboration between countries to address global uncertainty and maintain energy security and supply sustainability.
"Amidst the current global crisis, it is crucial for us to strengthen cooperation to maintain energy security. Japan itself has prepared strategic energy reserves as a precautionary measure," he said.
He then highlighted Japan's continued commitment to supporting various energy cooperation projects with Indonesia, including the completion of the Legok Nangka Waste-to-Energy Power Plant (PLTSa) as part of the two countries' strategic partnership.
Meanwhile, the Energy Ministry said cooperation in the critical minerals sector will focus on strengthening the global supply chain to improve its reliability and long-term stability, while nuclear energy cooperation will center on developing low-carbon technologies with high safety standards.
The two countries will continue discussions on bolstering regional energy security, including cooperation in the liquefied natural gas (LNG) and coal supply chains, as well as accelerating energy transition projects under the Asia Zero Emission Community (AZEC) framework, such as the operation of the Sarulla geothermal power plant (PLTP) and the completion of the Legok Nangka PLTSa.
This cooperation is expected to strengthen energy security and support decarbonization efforts in the Indo-Pacific region.
Read: Japan-Indonesia Oil Reserves Disparity Amid Iran War Explained
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