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Indonesia tightens nickel control as US and China compete for critical minerals
Indonesia is tightening state control over the world’s largest nickel supply as global demand shifts and competition intensifies between the United States and China for critical minerals. Once seen as the cornerstone of a domestic electric‑vehicle (EV) industry, nickel’s role is evolving even as Jakarta asserts greater authority over its production and exports. Indonesia now accounts for roughly 60 percent of global nickel supply , centred on Sulawesi and North Maluku , where high-grade nickel laterite deposits are abundant due to favourable geology and tropical weather conditions that concentrate nickel in ... (full story)