Tag: Indonesia nickel market
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APNI launches Indonesia Metals Exchange to set domestic nickel prices
In a strategic move to establish local price benchmarks, the Indonesian Nickel Miners Association (APNI) is launching the Indonesia Metals Exchange (IME) in 2025. This initiative aims to reduce Indonesia’s reliance on international benchmarks like the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). As the world’s leading nickel exporter with substantial reserves,…