Tag: Indonesia

Australia gets nickel-and-dimed by Indonesian downstreaming

Jun 11, 2024

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posted by

David Legge

in Research Reports

By James Guild in East Asia Forum on 11 June 2024 Despite soaring nickel prices between 2016 and 2022, Australian nickel miners, such as Wyloo Metals and BHP, have struggled due to a surge in market supply from Indonesia, the world’s largest nickel reserve holder, leading to a fall in nickel prices. While Australian miners…