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Nickel: Indonesia Plans to Introduce Export and Windfall Profit Taxes
The Indonesian government has once again reaffirmed its intention to introduce an export tax and a windfall profit tax on nickel. Nickel prices on the SHFE and LME are jumping higher. Asian base metals are showing significant gains today. Indonesia Plans to Introduce Export and Windfall Profit Taxes on Nickel Since 2020, Indonesia has already had an export ban on nickel ore in place in order to boost domestic processing of this important raw material for stainless steel and batteries, and to attract foreign investors. The processing industry there has grown significantly since then, even if the depth of processing ... (full story)
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- May 6, 2026 3:24am Posted byFundamental Analysis149
