Why Should We Care if Indonesia's "Jakarta Model" for Critical Minerals is Bad for Indonesians? | with Dr. Alvin Camba

In this episode, hosts Ray Powell and Jim Carouso welcome Dr. Alvin Camba, a sociologist who studies Southeast Asian political economies, China relations, and critical mineral supply chains. Camba, author of the New America article "The Jakarta Model is No Blueprint," critiques Indonesia's export ban on raw nickel and incentives for domestic refining, which have driven economic growth and positioned the country as a key EV battery supplier but have also resulted in severe human and environmental costs.​​

Growth at what cost? Camba explains the "Jakarta model” - policies forcing mining firms to sell domestically, spurring smelters and industrial parks but creating oligopsonies where refiners dictate low prices, triggering a "race to the bottom" in mining practices. This has led to widespread environmental damage like air pollution, acid leak ...