#Nickel
Nickel price slump forces Tsingshan to halt stainless steel production in Indonesia
Chinese stainless steel giant Tsingshan Holding Group Co has suspended several production lines in Indonesia’s nickel hub since early May, in what industry insiders say is a direct response to plunging nickel prices and weakening global demand.
Bahlil to summon mining permit holders over environmental concerns in Raja Ampat
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia is set to summon nickel mining permit holders operating in and around Raja Ampat, Southwest Papua, in response to mounting public scrutiny over the environmental impact of mining operation in the world-renowned marine tourism destination.
House asks for evaluation of nickel mine in Raja Ampat
The House of Representatives (DPR) has emphasized the urgency of evaluating existing mining permits in Raja Ampat, Southwest Papua, an area globally recognized for its marine biodiversity and eco-tourism potential.
Indonesia must lead in ESG transformation for nickel mining: Deputy MPR Speaker
Deputy Speaker of the People’s Consultative Assembly (MPR), Eddy Dwiyanto Soeparno, told the Indonesian ESG Forum 2025 that Environmental, Social, and Governance (ESG) compliance is no longer a voluntary measure, but a core requirement for global market access, especially in the nickel sector.
Indonesia’s nickel industry must embrace global ESG standards: APNI
Chairman of the Indonesian Nickel Miners Association (APNI), Nanan Soekarna, suggested that adherence to global environmental, social, and governance (ESG) standards is no longer optional, but an urgent necessity for Indonesia’s nickel industry to stay competitive in the global market.
GKP Clarifies Legality of Nickel Mining Operations Amid Civil Society Focus
Nickel mining company PT Gema Kreasi Perdana (GKP) has rejected allegations of illegal operations and environmental violations on Wawonii Island, following a report submitted by civil society groups JATAM and TAPaK to the Attorney General’s Office earlier this week.
Bakamla foils tin ore smuggling attempt in Lingga Islands waters
The Indonesian Maritime Security Agency (Bakamla) has intercepted a wooden vessel suspected of smuggling tin ore without proper documentation in the northern waters of the Karimata Strait, near Lingga Island, Riau Islands Province, on Friday, April 25, 2025.
Nickel smelters association asks govt to delay new royalties implementation
The Indonesian Nickel Smelters Association (FINI) has requested the government to delay the implementation of new royalties on nickel ore until the price of nickel on the international market − the London Metal Exchange (LME) − reaches US$17,000 per metric ton in contrast to the current three-month nickel contract on the LME of some $15,600 per ton.
Harita Nickel enhances operational efficiency amid industry challenges
Nickel mining company PT Trimegah Bangun Persada (NCKL), known as Harita Nickel, has completed the construction of its second refinery, PT Obi Nickel Cobalt (ONC), which has been in full commercial operation since August 2024.
Govt finalizes regulation revision, gold and nickel royalty rates up by 3 percent
The government is finalizing the revision of two government regulations (PP) No. 15/2022 and PP No.26/2022 in order to increase Non-Tax State Revenue (PNBP) from the mineral and coal (minerba) sector, with the main change in the revision being the increase in royalty rates for gold and nickel by 3 percent.
54 smelters in operation, 60 in the process of securing permits: BKPM
Deputy Minister of Investment/Deputy Head of Investment Coordinating Board (BKPM), Todotua Pasaribu, says the Indonesian nickel industry continues to show significant growth, with 54 smelters are in operation − either using High Pressure Acid Leach (HPAL) or Rotary Klin Electric Furnace (RKEF) technology − and 60 others are in the process of obtaining permits for construction.
Nickel industry oversupply, demand plummets: Analyst
An analyst says the nickel industry is no longer profitable for many business players as it is now facing major pressure due to overproduction, causing prices to drop drastically, a condition exacerbated by a shortage of nickel ore supply that has forced several smelters in Indonesia to cut production.