Canada–Indonesia Trade Deal Opens New Era for Nickel Corridor: CEPA
- Wesley Campbell
- Sep 30
- 2 min read
On September 24, Prime Minister Mark Carney announced Canada’s first-ever bilateral trade agreement with an ASEAN country: the Canada–Indonesia Comprehensive Economic Partnership Agreement (CEPA). This landmark deal reduces tariffs, opens new investment channels, and prioritizes strategic sectors like clean technology and critical minerals. Cementing Indonesia’s role as a vital partner for Canada’s economic future.
For Nusa Nickel, the announcement validates what we’ve been building from the ground up: a bridge between the world’s leading nickel district and investors in North America. Indonesia accounts for nearly half of global nickel output, with 49 nickel smelters active and dozens more under construction. At the same time, Canada is aligning its trade policy with critical minerals supply chains, ensuring that Canadian companies have both the financial backing and diplomatic support to succeed in Indonesia.
Why this matters for Nusa Nickel
Indonesia is the world’s #1 nickel district, and Canada has now elevated the relationship to a government-to-government level
CEPA provides Canadian companies with a clearer, lower-friction framework to operate in Indonesia. This benefits Nusa Nickel with direct exposure and access to nickel material and highly sought after intermediate products like Mixed Hydroxide Precipitate (MHP)
The agreement adds predictability and lowers barriers, improving optionality for both stainless steel and battery feedstock markets
The EDC has earmarked $825M in financing to support Canadian ventures in Indonesia—capital that Nusa Nickel is uniquely positioned to leverage
Nusa Nickel is North America’s only pure-play access to Indonesia’s nickel industry—offering investors a direct channel into the world’s most dominant nickel corridor
As stainless steel demand holds steady and battery demand accelerates, Indonesia’s nickel remains at the centre of the energy transition. With Canada now fully engaged in this corridor, Nusa Nickel stands at the intersection of resource, policy, and market demand. Delivering investors early access and the path-of-least-resistance to cash flow.
Photo of field jacket for Nusa Nickel Corp Production Team: 2024, Indonesia
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