Indonesian Energy Minister says Indonesia is to give equal opportunities to the US and other countries on critical minerals investment, following the recent trade deal

• Will negotiate further with Freeport (FCX) on details about royalty, tax after initial mining permit extension deal.
• ExxonMobil's Cepu permit will be extended until 2055.

This statement from Indonesia's Energy Minister signals a more open stance toward foreign investment in critical minerals, particularly post-trade deal, which could boost interest from U.S. firms and others in the sector. The ongoing negotiations with Freeport regarding royalties and taxes, along with the extension of ExxonMobil's permit, suggest that Indonesia is prioritizing long-term partnerships but remains cautious about ensuring favorable terms for its domestic interests. Investors should watch for potential increased flows into mineral-related equities and implications for global supply chains.