Several nickel smelters have been put into operation, and the demand for nickel ore in Indonesia is expected to reach 100 million tons in 2022
Several nickel smelters have been put into operation, and the demand for nickel ore in Indonesia is expected to reach 100 million tons in 2022
In 2022, Indonesian nickel ore demand is expected to jump sharply to 100 million tons, an increase of 20%-30% from 2021. On February 9, 2022, the secretary-general of the Indonesian Nickel Miners Association (APNI) stated that at least four nickel plants will be operating in 2022, and the demand for nickel ore will increase.
APNI expects Indonesian nickel ore demand to reach 100 million tons in 2022, an increase of 20-30% compared to 2021. Among them, the construction of cathode precursor plants also supported the growth of nickel ore demand.
President Jokowi also opened an electric vehicle battery factory in West Java province in September 2021. The presence of these downstream industries also provides new support for nickel ore demand.
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