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The Nickel-based Industrial Paradox: Indonesian Resources, Chinese Profits

The Diplomat LogoThe Diplomat6d ago

The Nickel-based Industrial Paradox: Indonesian Resources, Chinese Profits - The Diplomat

Quick Summary:

Do Jakarta's industrial incentives reflect misaligned priorities?

Nickel-based EVs and Indonesia’s vast nickel resources still hold potential, but the benefits largely favor Chinese investors, who, like other investors, strategically maximize the benefits they receive from government incentives.

Indonesia’s nickel processing uses the country’s abundant reserves of low-grade nickel to produce two main products: Nickel Pig Iron (NPI) and ferronickel, which are primarily used for stainless steel, and Mixed Hydroxide Precipitate (MHP), an essential ingredient in EV batteries.


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Article Details

Author / Journalist: Ahmad Syarif

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 09:35:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2913 words

Reading Time: 17 minutes read

Sentences: 134 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 26369527

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Main Topics: Economy

Official Website: thediplomat.com

Year Established: 2001

Headquarters: United States

News Last Updated: 2 days ago

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Publisher ID: #70

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