HIGHLIGHTS

KEYNOTE

New HPM Overview: Multi-Element HPM Pricing Framework by Commodity

PANEL

Topic: Nickel Price Surge? How Indonesian ESDM New HPIM Formula Reshape Cost Structure and Trade Flow

1. Strategic Rationale Behind the New HPM Formula

2. Quantifying Cost Impacts on NPI & MHP Production

3. Downstream Demand Scenarios & Price Implications

4. Producer Perspective: Mining & Smelting Adaptation

5. Technical & Operational Mitigation Strategies for HPAL Operators