Widodo fails in IRA subsidies bid in reprieve for Aussie nickel miners

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The senators warned that Chinese interests controlled much of Indonesia’s nickel production and highlighted Jakarta’s weak labour laws and lax environmental controls. Senator Manchin, who helped pass the IRA, continues to press the Biden administration for “long overdue” clarity around the term “foreign entity of concern” in support of BHP and other Australian nickel miners. “Specifically, I urge you to impose the strictest possible standards for foreign entities of concern to ensure the minerals in electric vehicles are, to the greatest extent possible, sourced in the US or from legitimate allies,” he said in a letter to Treasury Secretary Janet...