Indonesia’s nickel is a gold mine

This podcast episode explores the significance of Stellantis, the parent company of Jeep, Fiat, and Chrysler, considering investment in Indonesian nickel to secure the necessary raw materials for electric vehicle (EV) battery production. Despite concerns about environmental issues, Stellantis' interest in Indonesian nickel reflects the growing importance of Indonesia in the EV battery supply chain. The episode also highlights the competition between Western automakers and Chinese EV manufacturers who have integrated supply chains. Additionally, it discusses the resurgence of meme stocks like GameStop and the appointment of Andrei Belousov as Russia's new defense minister, emphasizing his role in managing Russia's resources in the ongoing conflict in Ukraine.