Critical Minerals: Opportunities and Challenges for ASEAN

Date : 25 August 2023

Location : Uluwatu 7
Critical Minerals: Opportunities and Challenges for ASEAN

The global energy system is in the midst of a major transition to clean energy. The efforts of an ever-expanding number of countries and companies to reduce their greenhouse gas emissions to net zero call for the massive deployment of a wide range of clean energy technologies. This will bring major economic and employment opportunities in new industries, but also bring into sharp perspective the importance of reliable and sustainable supplies of critical minerals to support an accelerated transition towards a clean energy system. If countries do not pay close attention, vulnerabilities related to the supply of critical minerals could make global progress towards a clean energy future slower or more costly – and hamper countries’ efforts to build resilient clean energy supply chains. Critical minerals are also vital to the national and economic security as many of them are used extensively in a variety of economically crucial areas, such as military equipment, high-tech applications and advanced manufacturing.

Ensuring reliable and sustainable critical mineral supply chains is of significant importance to the ASEAN region. As the region accelerates clean energy transitions, demand for critical mineral is set to soar. Furthermore, ASEAN countries hold great promise in critical minerals mining and processing and could make an important contribution to ensuring reliable supplies of the minerals required for global energy transitions. The region is already a key participant in the supply of some materials such as nickel, bauxite, tin and rare earth elements and its importance in global markets is set to grow. To better capitalise on the potential, the ASEAN region needs to improve its environmental performance and governance systems to position itself as a reliable supplier, while nurturing skilled workforce to deliver the promise.

In light of major opportunities lying ahead, this event will bring together key stakeholders in the ASEAN region, both public and private sectors, and international experts to share best policy practices, identify key areas of action and discuss opportunities for greater regional collaboration, with an aim to unlock the region’s potential for critical minerals.

The event will also introduce key findings of the IEA’s inaugural edition of the Critical Minerals Market Review (released in July 2023), which provides a major update on the investment, market, technology and policy trends of the critical minerals sector in 2022 and an emerging picture for 2023. Through in-depth analyses of clean energy and mineral market trends, this report assesses the progress made by countries and businesses in scaling up future supplies, diversifying sources of supply, and improving sustainable and responsible practices.



09:00 - 09:10

Welcome and Overview

  • Kieran Clarke, Southeast Asia Programme Manager, IEA
  • Tri Winarno, Director of Mineral and Coal Program Development, Directorate General of Mineral and Coal, Ministry of Energy and Mineral Resources in Indonesia

09:10 - 09:25

Keynote Address
Hendi Prio Santoso, President Director, PT Mineral Industri Indonesia (Persero)

09:25 - 10:00

Session 1:
Global perspectives on critical minerals – IEA’s Critical Minerals Market Review 2023

  • Tae-Yoon Kim, Senior Energy Analyst, IEA

10:00 - 10:50

Session 2 (Panel Discussion):
Scaling up investment in critical mineral supply chains in ASEAN

  • Hasudungan Eric Mamby,First Level of Mineral Development, tekMIRA, Ministry of Energy and Mineral Resources, Indonesia
  • Keiju Mitsuhashi, Energy Director for the Pacific and Southeast Asia, Asian Development Bank
  • Zulfikar YurnaidiSenior Officer, Sustainable Energy, Renewable Energy and Energy Efficiency, ASEAN Centre for Energy
  • Tae-Yoon Kim, Senior Energy Analyst, IEA

10:50 - 11:00

Coffee Break

11:00 - 11:50

Session 3 (Panel Discussion):
Towards a sustainable and responsible mineral development

  • I Dewa WirantayaDirector of Business Development, ANTAM
  • Matthew WittensteinSection Chief, Energy Division, UNESCAP
  • Setiaji HadiprayitnoCountry Managing Partner, ERM
  • Dr. Hariyanto, Head of Mineral, Coal and Geothermal, Ministry of Energy and Mineral Resources

11:50 - 12:00

Closing Remarks

  • Tae-Yoon Kim, Senior Energy Analyst – Critical Minerals Lead, IEA
  • Tri Winarno,Director of Mineral and Coal Program Development, Directorate General of Mineral and Coal, Ministry of Energy and Mineral Resources in Indonesia