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Extent of Chinese ownership of Indonesian nickel smelting revealed

China and Indonesia together account for 65% of global refined nickel production in 2023

James Stent
Nickel processing at PT Indonesia Morowali Industrial Park

Nickel processing at PT Indonesia Morowali Industrial Park | Credits: Shutterstock / Rezki alhidayat

At least 75% of Indonesia's nickel refining capacity is ultimately owned by Chinese companies or shareholders, according to a report published today (February 4) by US-based "global security non-profit"...

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