How President Jokowi’s Nickel Downstreaming Threatens Global Prices

How President Jokowi’s Nickel Downstreaming Threatens Global Prices

CNN Indonesia Tuesday, 16 Jan 2024 21:17 IWST National Team Co-Captain Anies Baswedan-Muhaimin Iskandar Thomas Lembong said Jokowi’s nickel downstreaming threatened the price of this commodity. (CNN Indonesia/Bump). Jakarta, CNN Indonesia — Co-Captain of the Winning National Team Anies Baswedan-Muhaimin Iskandar (AMIN National Team) Thomas Lembong mentioned the downstream project nickel President Joko Widodo (Jokowi) … Read more

Rising Metal Prices: London Stock Exchange Reports Increases in Aluminum, Copper, and Zinc

Rising Metal Prices: London Stock Exchange Reports Increases in Aluminum, Copper, and Zinc

Written by Abdel Halim Salem Wednesday, November 08, 2023 03:00 AM Metal prices recorded varying increases London Stock Exchange Especially aluminum ore, which Egypt represents an important source for exporting abroad through national factories alongside the countries of China, Russia, India and Canada, which lead global production and export. The movement of metals is affected … Read more

Development of Highly Durable Nickel-Iron Water Electrolysis Electrode for Green Hydrogen Production

Development of Highly Durable Nickel-Iron Water Electrolysis Electrode for Green Hydrogen Production

[월간수소경제 이상현 기자] The Korea Institute of Energy Research announced on the 26th that researchers at the Hydrogen Research Center have developed a highly durable nickel-iron double-layer water electrolysis electrode that can stably produce green hydrogen from renewable energy sources. The Korea Institute of Energy Research expects that this water electrolysis electrode will be able … Read more

A Failed Attempt at Reconciliation and Overestimating Strength in Ulica with the Nykls

A Failed Attempt at Reconciliation and Overestimating Strength in Ulica with the Nykls

Martina hates that Jirka Hložánek avoids her and wants to reconcile. Aja thinks about how she can push them in the right direction. However, her attempt to create an ideal opportunity eventually causes Jirka to become even more offended. Martina does not thank his willing assistant for this. Seasoning the cook and the mayor ends … Read more

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

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

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