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Chinese nickel investors brace for headwinds as Indonesia weighs smelter freeze

Chinese investors could face significant disruption if Indonesia imposes a moratorium on new nickel smelters to curb global overproduction and protect local industries across its vast minerals sector, analysts said. Indonesia was weighing a halt to the construction of smelters that produce semi-finished nickel products amid a global supply glut that had driven down commodity prices, state news agency Antara reported, citing energy and mineral resources minister Bahlil Lahadalia. Semi-finished...

Where: Indonesia

Exact coordinates

indonesia: -0.790, 113.920

Read it at South China Morning Post See this on the map

What might happen next? AI-generated

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