Indonesia’s Nickel Mining Site in Sorowako at Risk of Depletion in 15 Years: Analysis

Indonesia’s Nickel Mining Site in Sorowako at Risk of Depletion in 15 Years: Analysis

Nickel mining site in Sorowako, Indonesia. /Reuters Yonhap News Analysis has shown that Indonesia’s reserves of nickel, a key raw material for electric vehicle batteries, may only be sufficient for 15 years. Indonesia is the world’s largest nickel producer. According to the Jakarta Post on the 19th (local time), Indonesian Minister of Energy and Mineral … Read more

Indonesia’s Processed Nickel Ore and Iron and Steel Dominate Exports to China: BPS Report

Indonesia’s Processed Nickel Ore and Iron and Steel Dominate Exports to China: BPS Report

Jakarta – The Central Statistics Agency (BPS) revealed that processed nickel ore is one of the top five commodities exported to China. Acting Head of BPS Amalia Adininggar Widyasanti said this was thanks to the downstream policy or the construction of smelters in Indonesia. Indonesia itself has also banned the export of raw nickel in … Read more

Indonesia’s Electric Vehicle Industry Praised by Inchcape Automotive Indonesia President Director

TEMPO.CO, Jakarta – President Director of PT Inchcape Automotive Indonesia, Khoo Shao Tze praised the government’s strategy in developing the industry electric vehicle in the Motherland. The Indonesian government, said Shao Tze, chose the right step to focus on the main strength of the Republic of Indonesia, namely natural resources (SDA).

Super intelligent. On the one hand, (Indonesia) is a producer nickel the world’s biggest, and after that they can say, ‘can’t be exported, it has to be processed here’, this makes manufacturers come, make batteries here,” said Shao Tze when met by Tempo at the Gaikindo Indonesia International Auto Show (GIIAS) 2023 on Thursday, August 10, 2023

Focusing on the electric battery industry, Shao Tze thinks, is a very good strategy.

According to him, although buyer incentives remain important, determining the initial focus on natural resources is the right step in the long term. “(Incentives) still have to be done, but the Indonesian government is very methodical in looking at this,” he said.

Inchcape stated that it is ready to help the Indonesian government to become a catalyst for the growth of the electric vehicle industry in the country.

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In the future, Shao Tze believes, all markets will move towards electric battery vehicles (BEVs). “This is unavoidable, because of that we need countries that can adapt to these changes,” he said.

Next up: Inchcape focuses on marketing premium class electric cars

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Illegal Nickel Ore Export from Indonesia Discovered, Involving Chinese Customs

Illegal Nickel Ore Export from Indonesia Discovered, Involving Chinese Customs

Jakarta – Since 2020, Indonesia has carried out a ban nickel export abroad. However, in 2023, suddenly the Corruption Eradication Commission (KPK) discovered that there was an illegal export of nickel ore to China from Indonesia. The findings were revealed by the Head of the KPK Region V Coordination and Supervision Task Force, Dian Patria. … Read more

Indonesia’s Nickel Downstream Policy: Strengthening Downstream for Increased Value

Indonesia’s Nickel Downstream Policy: Strengthening Downstream for Increased Value

Jakarta – The Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) responded to the International Monetary Fund/IMF) who asked Indonesia not to expand its nickel downstream policy by banning the export of raw materials in other commodities. Spokesperson for the Coordinating Minister for Maritime Affairs and Investment Jodi Mahardi said Indonesia as a sovereign … Read more

Serie A: Udinese-Verona 1-1, Samardzic responds to Lazovic’s goal – Calcio

Udinese 1-1 Verona (THE CHRONICLE) in the last match of the 20th day of Serie A A fair draw, the result of a crackling first half, with the hosts who can recriminate on the many wasted opportunities, and a more sleepy second half, in which guests controlled easilyAnd. Thus, Verona continues, with a small point, … Read more

The atmosphere of the Spring Festival is getting stronger day by day, and the nickel price fluctuates within a narrow range after stocking up

[Spot]The average price of 1# electrolytic nickel in Changjiang Nonferrous Metal Network is 214850 yuan / ton (down 1200). Today LME nickel opened at $27,015/ton, with a high of $27,190/ton, a minimum of $27,015/ton, and a close of $27,020/ton, down 380 from the previous trading day, with a trading volume of 11 and a position … Read more

Clashes at PT GNI Morowali Utara Triggered by a Call to Strike

Monday, 16 January 2023 – 17:59 WIB VIVA National – Police chief General Listyo Sigit Prabowo uncover triggers unrest between employees at PT. Gunbuster Nickel Industry (GNI), Morowali North, Central Sulawesi, because of an invitation labor strike on Saturday, January 14 2023. As a result, two people died in the clash, namely one foreigner and … Read more

Affected by Weaker US Inflation, Shanghai Aluminum Expected to Fluctuate Largely | US_Sina Finance_Sina.com

Source: Minmetals Futures Author: Minmetals Futures Research report text 【aluminum】: Shanghai AluminumThe main contract closed at 19,340 yuan/ton (as of 3:00 pm yesterday), an increase of 1.68%. The average price of SMM spot A00 aluminum is 18940 yuan / ton. The average price of A00 aluminum bars is -310. Inventory receipts for aluminum futures were … Read more

Stupendous! Jokowi gets IDR 514 trillion collapsed durian at the end of the year

Jakarta, CNBC Indonesia – The government, in this case the Coordinating Ministry of Maritime Affairs and Investments (Kemenko Marves), noted that until the end of this year, the value of exports of nickel or downstream nickel derivatives could reach 33 billion US dollars or Rp 514 trillion. Rp rate. 15,600 for US$). As of October … Read more