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Game changer in global nickel market: booming Indonesian nickel industry

As the nickel price at LME market has significantly decreased by nearly half over the last 13 months, global nickel producers are facing huge challenges now. Most recently, Wyloo Metals and BHP in Australia announced to shut down some capacity due to the falling prices, respectively. Although weak demand is one of problems, many market participants believe the booming of Indonesian nickel industry is the key driver for oversupply.
Western Australia Halmahera Island Maluku Utara New Caledonia Meidy Katrin Indonesian Nickel Miners Association
Source: metal.com

A Delegation From The Democratic Republic Of The Congo's National Committee Visited SMM To Jointly Discuss Cobalt Product Pricing, Aiming To Boost Sustainable Growth In The New Energy Sector_SMM

SHANGHAI, Sep 26ย (SMM) โ€“ On September 26, following a visit by Meidy Katrin, Secretary-General of the Indonesia Nickel Miners Association (APNI), SMM welcomed a delegation from the Democratic Republic of the Congo, the world's largest cobalt mining country.
Lu Jialong Democratic Republic Of The Congo Lomata Jose Meidy Katrin Ulungu Ongala Paul Zhang Lingying
Source: metal.com

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