The savvy logic behind Indonesia’s nickel squeeze

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Indonesia mines more nickel than any other country, producing more than 60% of the world’s supply. For about a decade, Jakarta has pursued “downstreaming” — a strategy to move beyond exporting raw ore and up the value-added chain. In 2026, Indonesia sharply cut the amount of ore companies are allowed to mine under its annual […]The post The savvy logic behind Indonesia’s nickel squeeze appeared first on Asia Times.