Danantara Indonesia, under the leadership of CEO Rosan Roeslani, has declared its proactive stance in seeking various strategic investment partnerships across Indonesia. This commitment extends to exploring potential acquisitions of shares in foreign companies, underscoring the nation’s appeal as a prime investment destination.
Roeslani’s statement emerged amidst discussions regarding the potential acquisition of shares held by French mining giant Eramet in PT Weda Bay Nickel (WBN), located in North Maluku. He affirmed Danantara’s consistent readiness to engage in any corporate actions deemed strategic for bolstering national investment growth and economic resilience.
“We are fundamentally open to discussions and conversations concerning investments within Indonesia. Furthermore, Danantara is uniquely positioned to serve as a strong local partner in these ventures,” Rosan stated at the Presidential Palace Complex in Jakarta, as quoted by Antara on Thursday, May 14. This highlights Danantara’s pivotal role in facilitating foreign capital while ensuring local benefit.
Currently, talks surrounding this potential collaboration are in their nascent stages, with no definitive decisions reached. Despite this, active communication channels are being maintained with Eramet, indicating ongoing interest and dialogue between the parties involved.
Rosan further expressed his aspiration that Danantara’s robust presence will significantly enhance Indonesia’s influence in the development of crucial national projects. This is particularly relevant in the vital sectors of mineral resources and industrial downstreaming, areas critical for value creation and sustainable economic development.
Prior to these recent developments, in 2025, Eramet Indonesia CEO Jerome Baudelet had already indicated that his company was exploring strategic nickel investment cooperation with both Danantara and the Indonesia Investment Authority (INA). This earlier revelation sets a precedent for the current discussions, demonstrating a sustained interest in collaborative efforts.
The envisioned plan involves Danantara and INA partnering with Eramet to establish an integrated investment platform dedicated to the nickel sector. This comprehensive initiative aims to cover the entire value chain, from upstream mining activities to downstream processing, ensuring a robust and self-sufficient industry.
According to Pandu Sjahrir, Chief Investment Officer (CIO) of Danantara, this collaborative endeavor is specifically designed to fortify the sustainable ecosystem for electric vehicle (EV) battery raw materials within Indonesia. Such an ecosystem is crucial for positioning Indonesia as a key player in the global EV supply chain.
Sjahrir elaborated on the roles of each entity: Danantara and INA are slated to provide essential long-term financing, critical for sustaining significant investment development. Eramet, meanwhile, will contribute its specialized technical expertise and extensive experience in managing large-scale mining projects, all while adhering to stringent international sustainability standards.
Summary
Danantara Indonesia, led by CEO Rosan Roeslani, is actively exploring strategic investment partnerships, including a potential acquisition of shares in PT Weda Bay Nickel currently held by the French mining firm Eramet. While these discussions remain in the early stages, Danantara aims to position itself as a key local partner to bolster national economic resilience and influence in the mineral resources sector. The initiative aligns with broader efforts to enhance industrial downstreaming and secure Indonesia’s role in global supply chains.
The proposed collaboration involves Danantara and the Indonesia Investment Authority (INA) working alongside Eramet to create an integrated nickel investment platform. This partnership intends to cover the entire value chain, from upstream mining to downstream processing, to strengthen the sustainable ecosystem for electric vehicle battery raw materials. Under this framework, Danantara and INA will provide essential long-term financing, while Eramet contributes its specialized technical expertise and experience in large-scale mining operations.