Story perspectives

Nickel Demand Soars Amid Environmental Concerns in Southeast Asia

4/9/2026

Summary

Story summary

Nickel is essential for electric vehicle batteries, but its extraction poses risks in Indonesia and the Philippines.
Environmental groups allege abuses such as deforestation and pollution.
International Energy Agency projects demand will rise from 3.4 million tonnes in 2024 to 5.4 million tonnes by 2040.
Investors urge stricter regulations, including mandatory Indigenous consultations.
Automakers have begun programs to improve local conditions, but rival industry standards lack protections for local rights.

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Story summary

Nickel is essential for electric vehicle batteries, but its extraction poses risks in Indonesia and the Philippines.
Environmental groups allege abuses such as deforestation and pollution.
International Energy Agency projects demand will rise from 3.4 million tonnes in 2024 to 5.4 million tonnes by 2040.
Investors urge stricter regulations, including mandatory Indigenous consultations.
Automakers have begun programs to improve local conditions, but rival industry standards lack protections for local rights.