Meidy Katrin Lengkey, secretary-general of the Indonesian Nickel Miners Association (APNI), estimates that Indonesia will control 85% of world nickel production by 2033.
She believes that Indonesia's nickel has been oversupplied or even excessive. This of course affected nickel prices from March 2023 onwards.
She explained that fluctuations in world nickel prices are also the reason for the formation of the Indonesian Nickel Price Index (INPI) on December 1, 2023. “We choose to cooperate with SMM because currently NPI is exclusively sold to China, she added.
APNI expects Indonesia to control 85% of world nickel production by 2033
- Jan 03, 2024, at 10:17 am
- 中国钢铁工业协会不锈钢分会
Meidy Katrin Lengkey, secretary-general of the Indonesian Nickel Miners Association (APNI), estimates that Indonesia will control 85% of world nickel production by 2033.
