Saudi industry minister visits Indonesia for critical minerals cooperation talks

Saudi Industry and Mineral Resources Minister Bandar Al-Khorayef poses for a photo-op with Indonesia’s Industry Minister Agus Gumiwang Kartasasmita in Jakarta on April 16, 2025. (MIM)
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Updated 16 April 2025
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Saudi industry minister visits Indonesia for critical minerals cooperation talks

  • Indonesia holds world’s largest nickel reserves, has rich deposits of other critical minerals
  • Bandar Al-Khorayef is on a three-day visit to Jakarta, meeting top officials and executive

JAKARTA: Saudi Arabia’s Industry and Mineral Resources Minister Bandar Al-Khorayef held talks with his Indonesian counterparts in Jakarta on Wednesday, as the two countries explore cooperation in critical minerals and other key resources driving the global energy transition.

Indonesia is the world’s largest source of nickel and has rich deposits of other minerals, such as copper and bauxite. Its mining sector makes a significant contribution to the economy, accounting for about 11.9 percent of GDP in 2023.

Al-Khorayef arrived in the Indonesian capital for a three-day visit on Tuesday and his delegation is meeting both officials and top industry executives.

“We discussed ways to enhance industrial cooperation and expand partnerships between private-sector entities in the two countries, in addition to reviewing investment opportunities and the Kingdom’s goals to become an industrial and logistics hub in the region,” he said in a post on X, after talks with Indonesia’s Industry Minister Agus Gumiwang Kartasasmita and State-Owned Enterprises Minister Erick Thohir.

Tohir also took to social media to highlight the focus of the planned partnerships.

“State-owned enterprises in mining, communications infrastructure, banking and renewable energy sources are the priority of our discussions and the cooperation we will forge,” he wrote on X.

Trade and investment relations between Saudi Arabia and Indonesia have been on the rise. Non-oil trade was worth about $3.3 billion in 2024, showing a 14.5 percent increase compared to 2020.

“There’s still plenty of room for mutual growth. This is why the Indonesian government welcomes the rising interest of Saudi investors in Indonesia’s strategic sectors, including to strengthen the ecosystem of our national industries,” Kartasasmita said.

“Indonesia, with its huge potential in natural resources, market and workforce, and the government’s commitment to industrial downstreaming efforts, is opening up vast opportunities for mutually beneficial collaborations,” he said.

Al-Khorayef’s visit was aimed at attracting more investment to the Kingdom and exploring mutual investment opportunities in mining, food, pharmaceuticals and auto parts industries, in line with Saudi Vision 2030.

On his first day in Jakarta, he met Indonesia’s special envoy for energy and the environment, Hashim Djojohadikusumo, representatives from Indonesia’s state-owned mining industry holding company, MIND ID, and mineral mining company PT Vale Indonesia.

“Indonesia and Saudi Arabia are at a key point in redefining the mineral economy,” MIND ID CEO Maroef Sjamsoeddin said.

“We are ready to explore cooperation opportunities, knowledge exchange and transformational innovation (projects),” he said.


2025 among world’s three hottest years on record, WMO says

Updated 14 January 2026
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2025 among world’s three hottest years on record, WMO says

  • All eight datasets confirmed that the last three years were the planet’s three hottest since records began, the WMO said
  • The slight differences in the datasets’ rankings reflect their different methodologies and types of measurements

BRUSSELS: Last year was among the planet’s three warmest on record, the World Meteorological Organization said on Wednesday, as EU scientists also confirmed average temperatures have now exceeded 1.5 degrees Celsius of global warming for the longest since records began.
The WMO, which consolidates eight climate datasets from around the world, said six of them — including the European Union’s European Center for Medium-Range Weather Forecasts (ECMWF) and the British national weather service — had ranked 2025 as the third warmest, while two placed it as the second warmest in the 176-year record.
All eight datasets confirmed that the last three years were the planet’s three hottest since records began, the WMO said. The warmest year on record was 2024.

THREE-YEAR PERIOD ABOVE 1.5 C AVERAGE ⁠WARMING LEVEL
The slight differences in the datasets’ rankings reflect their different methodologies and types of measurements — which include satellite data and readings from weather stations.
ECMWF said 2025 also rounded out the first three-year period in which the average global temperature was 1.5 C above the pre-industrial era — the limit beyond which scientists expect global warming will unleash severe impacts, some of them irreversible.
“1.5 C is not a cliff edge. However, we know that every fraction of a degree matters, particularly for worsening extreme weather events,” said Samantha Burgess, strategic ⁠lead for climate at ECMWF.
Burgess said she expected 2026 to be among the planet’s five warmest years.

CHOICE OF HOW TO MANAGE TEMPERATURE OVERSHOOT
Governments pledged under the 2015 Paris Agreement to try to avoid exceeding 1.5 C of global warming, measured as a decades-long average temperature compared with pre-industrial temperatures.
But their failure to reduce greenhouse gas emissions means that target could now be breached before 2030 — a decade earlier than had been predicted when the Paris accord was signed in 2015, ECMWF said. “We are bound to pass it,” said Carlo Buontempo, director of the EU’s Copernicus Climate Change Service. “The choice we now have is how to best manage the inevitable overshoot and its consequences on societies and natural systems.”
Currently, the world’s long-term warming level is about 1.4 C above the pre-industrial era, ECMWF said. Measured on a short-term ⁠basis, average annual temperatures breached 1.5 C for the first time in 2024.

EXTREME WEATHER
Exceeding the long-term 1.5 C limit would lead to more extreme and widespread impacts, including hotter and longer heatwaves, and more powerful storms and floods. Already in 2025, wildfires in Europe produced the highest total emissions on record, while scientific studies confirmed specific weather events were made worse by climate change, including Hurricane Melissa in the Caribbean and monsoon rains in Pakistan which killed more than 1,000 people in floods.
Despite these worsening impacts, climate science is facing political pushback. US President Donald Trump, who has called climate change “the greatest con job,” last week withdrew from dozens of UN entities including the scientific Intergovernmental Panel on Climate Change.
The long-established consensus among the world’s scientists is that climate change is real, mostly caused by humans, and getting worse. Its main cause is greenhouse gas emissions from burning fossil fuels like coal, oil and gas, which trap heat in the atmosphere.