Tag: indonesian smelter production cuts
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Indonesia raises nickel mining quota, supply pressure on prices to escalate
Indonesian producers struggle with dull demand from China Weak margins prompt output cuts, shift to value-added products In July 2025, the Indonesian government approved a massive 25-year nickel mine quota of 364 million tonnes (mnt) – a figure nearly three times the country’s current annual production of 120 mnt. While this move signals Indonesia’s ambition…