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Indonesia has announced a yearly production limit for nickel ore, setting it at about 240 million metric tons for the coming three years, according to Energy and Mineral Resources Minister.
In May 2024, the Indonesian Investment Affairs Minister, Luhut Pandjaitan, discussed the potential advantages of a free trade deal with the United States for Indonesia’s refined nickel, even when produced.
Indonesia’s lead on Maritime Affairs and Investment, Luhut Binsar Pandjaitan, shared that the European Union (EU) has come to accept Indonesia’s decision to stop exporting nickel ore. “After discussions with.
Recent sanctions on Russia have significant implications for the global commodities market, particularly affecting the trading of Russian metals. Starting from April 13th, new British and US sanctions prohibit trading.
Nickel plays a pivotal role in today’s tech-savvy world, fueling the shift towards digital advancements, eco-friendly initiatives, and sophisticated defense systems. The catch, however, is that only a few countries.
The London Metal Exchange (LME) has recently recognized the first-ever Indonesian nickel brand, marking a significant moment for the global nickel industry. The inclusion of the new brand, identified as.
Elon Musk, the visionary behind Tesla, the prominent electric vehicle manufacturer, is contemplating a proposal from Indonesia to set up a facility for producing electric vehicle (EV) batteries, as disclosed.
The price of nickel soared, marking a significant leap by over 5% amid political strife in New Caledonia that has sparked concerns over potential impacts on the island’s nickel production..
On Thursday, May 16, 2024, a hazardous incident unfolded at the PT Kalimantan Ferro Industry (KFI) nickel smelter situated in Kutai Kartanegara, East Kalimantan. This facility experienced not just one,.
PT Vale Indonesia, part of the global mining giant Vale based in Brazil, has struck a deal with the Chinese company Zhejiang Huayou Cobalt and PT Huali Nickel Indonesia. They.
