Back to today’s briefing

Story perspectives

Indonesia Cuts Nickel Quotas to Boost Prices, Market Share

1/24/2025

40 8

Summary

Story summary

Indonesia is slashing nickel mining quotas from 270 million metric tons to 150-200 million to drive up prices. This move, inspired by Chinese market strategies, seeks to strengthen ties between Indonesian and Chinese firms while pushing rivals aside. Remarkably, Indonesia's nickel market share has skyrocketed from 28% to 63% in just five years, with expectations of hitting 75% soon.

1 of 1

Story summary

Indonesia is slashing nickel mining quotas from 270 million metric tons to 150-200 million to drive up prices. This move, inspired by Chinese market strategies, seeks to strengthen ties between Indonesian and Chinese firms while pushing rivals aside. Remarkably, Indonesia's nickel market share has skyrocketed from 28% to 63% in just five years, with expectations of hitting 75% soon.