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New Indonesian nickel quotas could shake up depressed market

The nickel giant could see a 45% cut to mine output next year

Nathan Richardson
SOROWAKO, INDONESIA - AUGUST 1, 2019: A worker shows the results of the production of nickel ore.

SOROWAKO, INDONESIA - AUGUST 1, 2019: A worker shows the results of the production of nickel ore. | Credits: Shutterstock.

Indonesian authorities are considering slashing the amount of nickel ore that can be mined in the archipelago in a move to boost slumping prices, Bloomberg reported on December 19. While discussions...

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