Denpasar, Sept. 25 -- Indonesia is urging global mineral players to support its downstream policy, aimed at advancing the energy transition and increasing the value of its natural resources, Deputy Minister of Investment Todotua Pasaribu said on Thursday.

"All raw material processing must happen in Indonesia," he told an international critical minerals forum in Bali, emphasizing the country's strategy to boost domestic processing of key minerals like nickel, cobalt, and silica sand, vital for electric vehicle batteries and solar panels.

Pasaribu acknowledged challenges, including the need for advanced technology and investment, but said Indonesia is opening opportunities to both domestic and foreign investors.

"We're working to improve...