How Indonesia has pushed the nickel market down

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Ten years ago, Indonesia produced just 6% of its supply of refined nickel. Now it is effectively monopolized by the market. How did it happen? FT’s Jakarta correspondent A. Anantha Lakshmi and FT’s product correspondent Camilla Hodgson will look into what driven this explosive growth and how China helped it.

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To read more:

“Nickel OPEC”: Controlling key metals in Indonesia

“First production, after safety”: On the world’s largest nickel site

Western Minor Elamet does not benefit from nickel processing without a Chinese partner

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Follow A. Anantha Lakshmi and Camilla Hodgson on X (@Ananthalakshmia) ()@camillahodgson). Michela Tindera is located in X (@Mindera07) and BlueSky (@mtindera.ft.com), or follow her on LinkedIn for updates on shows and more.

Read the transcript of this episode on FT.com

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