DigiNepal
Chinese nickel investors brace for headwinds as Indonesia weighs smelter freeze
Chinese nickel investors brace for headwinds as Indonesia weighs smelter freeze
Chinese investors could face significant disruption if Indonesia imposes a moratorium on new nickel smelters to curb global overproduction and protect local industries across its vast minerals sector, analysts said. Indonesia was weighing a halt to the construction of smelters that produce semi-finished nickel products amid a global supply glut that had driven down commodity prices, state news…