Supply Chain & Raw Materials
Page 305 of 518Directory profiles · Battery Business Directory
Organizations mentioned or cited on this 2024 report page. A historical mention does not establish current products, availability or endorsement.
Sources and links on page 305 (2)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
Text on page 305
Indonesia Is Consolidating Its Dominance In The Nickel Industry Indonesia Ni exports have increased from $4B to $35B
NICKEL CURTAILMENT POLICY 56
TOP NICKEL PRODUCERS 2024
NICKEL RESERVES (Millions mt)
44 smelters are currently in operation and 26 are still under construction. This condition pushes down Nickel prices in 2024 as low-cost supply floods the market. To mitigate the oversupply condition and risks that could undermine investments and the country’s lead in the market, Indonesia has:
Imposed a moratorium on RKEF Nickel Pig Iron smelters
Considered removing the tax holiday for RKEF smelters
Considered a future policy that favors higher-grade nickel smelters (HPAL, which is relevant for the battery industry) Nickel ore production in 2024 also had bureaucratic delays, resulting in massive imports from the Philippines.
Australia
New Caledonia
Russia
Canada
ESG COMPLIANCE
Philippines
Indonesia
Source: S&P Global, SMM
Indonesia is working to design ESG frameworks tailored to its local conditions, balancing sustainable nickel production with global market demands, and environmental responsibilities.
Extracted from the PDF; charts and images may read imperfectly.
More in Industry (21)
Page 305 · 6/17