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Nickel is a product that is used in making stainless steel or batteries, and the government wanted to sell more value-added nickel products instead of just exporting raw nickel.
Chinese companies are in talks with potential investors to reduce their stakes in Indonesian nickel smelters amid efforts to make their products eligible for U.S. electric vehicle tax credits, an ...
The result is clear: The value of Indonesia’s nickel exports has exploded from $1.06 billion in 2014 to almost $6 billion in 2022, according to United Nations data.
A smelting furnace exploded Sunday at a Chinese-owned nickel plant on Indonesia's Sulawesi island, killing at least 13 workers and injuring dozens of others, police and a company official said.
Indonesia is the largest nickel producer in the world, with around 1.6 million tonnes of nickel produced in 2022, up from 1.04 million tonnes in 2021. In comparison, total global production of nickel in 2022 was around 3.3 million tonnes. [11]
The Indonesia Morowali Industrial Park (IMIP) is an industrial park hosting primarily nickel-related industries in Morowali Regency, Central Sulawesi, Indonesia. It is the largest nickel processing site in Indonesia, which is the world's top nickel producer. [1] In 2023, Wired magazine called it "the world's epicenter for nickel production."
The North Konawe mine is a large mine in the east of Indonesia in Sulawesi. North Konawe represents one of the largest nickel reserve in Indonesia having estimated reserves of 498 million tonnes of ore grading 1.36% nickel. [1] The 498 million tonnes of ore contains 6.77 million tonnes of nickel metal. [1]
The death toll following the explosion of a smelting furnace at a Chinese-owned nickel plant on Indonesia’s Sulawesi island rose to 18 on Tuesday, as police ordered the plant to stop operations ...