IWIRC Indonesia的动态

?? SMM's analysis of refined nickel China’s refined nickel output maintained its growth trend in June ? In June, China's refined nickel production totalled 26,600 mt, up 3.7% MoM and 40.54% YoY, in line with expectations. Some nickel producers completed equipment maintenance in June, allowing them to operate at nearly full capacity. On the other hand, nickel producers that had previously reduced or halted production due to raw material shortages resumed normal production, releasing capacity smoothly. Additionally, with the persisting price inversion between domestic and overseas markets, the export profit for domestic nickel plates was still substantial. As a result, some refined nickel producers in East China increased their production in June. ? It is expected that China's refined nickel production will increase to 30,300 mt in July. According to an SMM survey, nickel prices showed some resilience entering July, with both domestic and overseas markets performing strongly, leading to a continuous increase in the production of nickel producers qualified for exports. On the other hand, the newly commissioned nickel plate capacity at the beginning of this year is still in the ramp-up stage. Please do not hesitate to contact Jean Tang at [email protected] or?86-19946295759?if you have any question or inquiry. #nickel #metal #smm

???Indonesia, the world's largest nickel producer, is working with Chinese companies to bypass important sourcing provisions and qualify for the EV tax credit, while it continues to push for a free-trade agreement with the US?https://lnkd.in/gzRx-s_d ·???????Treasury guidance set a hard limit of 25% ownership stake from foreign entities of concern (FEOC—AKA—Chinese and Russian companies) to qualify for IRA incentives. ·???????SAFE warned companies could restructure to simply avoid hitting that limit, while still having significant FEOC involvement, commenting:?“We are concerned today’s guidance doesn’t go far enough to ensure these credits maximally boost U.S. and allied production, free of influence from FEOCs.” ·???????Indonesia is now working with Chinese companies to build nickel smelters, while keeping formal Chinese involvement under the 25% threshold. This doesn’t solve the problem that companies beholden to Beijing will?maintain significant control over?the production of nickel, which is vital to battery and stainless steel manufacturing. ???(Not to say we told you so, but… ) The situation in Indonesia illustrates how the structure of the FEOC limits invites corporate maneuvering, which is why we urged the administration to maintain authority on a case-by-case basis. Chinese-owned smelters in Indonesia undercut domestic producers?and allied producers, which operate under very strict environmental and labor regulations?(including some companies in Indonesia trying to do the same!) ? The solution is certainly not to leave Indonesia to China, but we need to ensure companies do not skirt?FEOC and undermine the goal of the IRA: to reindustrialize the United States by building out?secure and high standard?supply chains for the critical minerals and materials that underpin our modern economic and national security.

The International Nickel Study Group has released its latest forecasts for the nickel market. For hard-pressed producers competing with Indonesia's low-cost production there's some good news and some bad news. The good news is that the INSG has cut its surplus estimate for this year. The bad news is that it still expects the global market to register a third consecutive year of oversupply. INSG's latest forecasts cold comfort for nickel producers: https://lnkd.in/eUsAxKtU

Sourcing the raw materials for the energy transition is complicated. It's important we get it right, lest we sacrifice long-term security, sustainability, and labor standard goals.

Demand for tungsten in and outside China is expected to rise, keeping tungsten prices elevated in the near term, said Emre Uzun, ferro-alloys and steel analyst at Fastmarkets. But starting late next year, he expects increased non-China supply to help stabilize raw tungsten prices. "Outside China, demand will also rise, but supply is expected to grow when operations expand and projects progress," he said, pointing to the Sangdong mine and tungsten projects in Kazakhstan, Australia and Spain.

A little-known Australian company is becoming the Western face of a Chinese nickel behemoth. In under a decade,?Nickel Industries Ltd.?has gone from a relatively small miner to the world’s sixth-biggest producer of a metal used in products from batteries to stainless steel. Riding a Chinese-led boom in Indonesia’s nickel sector, it owns or has stakes in five plants in the country that churn out more of the commodity than household names like BHP Group Ltd. Behind the company’s success is?Tsingshan Holding Group Co., the world’s largest nickel and stainless steelmaker and Nickel Industries’s biggest shareholder. Read Eddie S.'s profile of a Indonesian nickel player attracting plenty of attention from outside investors -- a key Bloomberg News read today:

Nickel made from high pressure acid leaching (HPAL) from Indonesia is devastating to the environment and renders EVs made with it a non-solution. While a separate green nickel price is a constructive idea, a more effective solution in these extreme circumstances would be to outright ban HPAL nickel from our markets. If Indonesia raises their standards to approximately our level, they could reenter the market. The Indonesian-PRC cartel strategy is that as soon as they have put Canada, Australia and other nickel producers out of business by dumping eco-garbage nickel into our markets, prices will go back up dramatically and their control of the supply chain will be permanent. Part of our budget for defense and security needs to go into securing these supply chains and supporting the best projects. Indonesia to accelerate nickel output despite low global prices - https://on.ft.com/3vMSAJy via @FT

Two bids have emerged for Glencore's stake in Koniambo Nickel SAS, KNS,, highlighting renewed interest in the strategically important nickel industry of New Caledonia. This interest persists despite the challenges faced by the region, such as high operational costs and socio-political unrest. Recent site visits by the potential buyers, conducted late last year, have spurred this development, marking a crucial step in the ongoing negotiations. Nickel remains a key export for New Caledonia, with the territory exporting nickel worth USD 13.2 million in 2023, according to IndexBox data. This underscores the critical value of New Caledonia’s nickel resources on the global stage, despite the hurdles it currently faces. On the import side, the region recorded a relatively modest USD 40.9 thousand in nickel imports, primarily from France. The unfolding discussions offer optimism for both KNS and other nickel companies in New Caledonia, potentially setting the stage for a revitalized nickel sector. This is further evidenced by companies like Prony Resources actively seeking new partnerships, underscoring the sustained global interest in New Caledonia's battery-grade nickel, essential for industries worldwide. While Glencore remains silent on the particulars of the negotiations, the outcome could offer new pathways for nickel production in New Caledonia, potentially influencing the global nickel market. A successful acquisition can stimulate growth and add momentum to the strategic restructuring of the nickel industry within this French overseas territory. #NickelIndustry #GlobalMining #InvestmentOpportunities https://lnkd.in/dFaBtw8H

This graphic totally demonstrates the future concerns everyone has with world nickel production.... it came out Friday Jan 23, 2025 with projections of a 50% increase in nickel production by 2030. If there is one disruption in Indonesian nickel supply - prices will spike.... which makes nickel projects in geographically stable areas much more appealing. https://lnkd.in/gXkgknFS

Nickel production quota cut by 50% The question is why did the Indonesian government cut the production quota by 50%? Yes, because the price of nickel has collapsed and the miners can no longer profit. Indonesia's nickel deposits are estimated to last only 50 years, so the government is trying to hold on to them longer so that the existing nickel can be used for high-value products, not just for steel products. I agree.. do you agree? #nickel #indonesianickel #NPI #hpal #nickelmining #smelternickel