Chinese investors could face significant disruption if Indonesia imposes a moratorium on new nickel smelters to curb global overproduction and protect local industries across its vast minerals sector, analysts said. Indonesia was weighing a halt to the construction of smelters that produce semi-finished nickel products amid a global supply glut that had driven down commodity […]
The price of nickel collapses under the weight of a surplus of 2.5 million tons: Indonesia evaluates the blockage of the new foundries to stop the sale of its resources, putting at risk 75% of Chinese investments and supply chains of batteries and steel. The article Gel on nickel: Indonesia threatens the blockage of the foundries and makes the Chinese giants tremble comes from Economic Scenarios.