The Indonesian Nickel Miners Association (APNI) revealed that most nickel smelters in Indonesia are foreign-owned, with PT Antam being the only major domestic player. Foreign companies, primarily from China, dominate the sector, raising concerns about the long-term benefits for Indonesia’s economy and locals

Several foreign-owned smelters operate in Indonesia, including PT Indonesia Morowali Industrial Park (IMIP), PT Weda Bay Industrial Park (IWIP), and PT Virtue Dragon Nickel Industry (VDNI). These facilities have significantly expanded Indonesia’s nickel processing capacity but have also contributed to oversupply and environmental challenges.

As Indonesia grapples with the complexities of its nickel industry, stakeholders are urging the government to adopt a more strategic approach. A moratorium on new smelters, coupled with stricter environmental regulations and better governance, could help balance supply and demand while ensuring sustainable growth in the sector. The future of Indonesia’s nickel industry will depend on its ability to address these challenges and maximize the benefits of its vast mineral resources. (Uki Ruknuddin)

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