#Forbes: #Indonesia On Track To Dominate The Supply Of #Nickel To Make Batteries

Karyawan mengendarai bus listrik saat uji coba di Kantor Pusat PT Transjakarta, Cawang, Jakarta, Senin (6/7/2020). PT Transportasi Jakarta (Transjakarta) melakukan uji coba dua bus listrik EV1 dan EV2 rute Balai Kota – Blok M dengan mengangkut penumpang. ANTARA FOTO/Galih Pradipta/wsj.

Indonesia is on track to become the world’s nickel capital with new projects potentially lifting the country’s share of the important stainless steel and battery metal ingredient to a whopping 60% of global output later this decade.

Much of the planned investment is linked to Chinese companies keen to cement their grip on stainless steel production and to meet fast growing demand for batteries which require a range of new-energy metals such as nickel, lithium, cobalt and copper.

Read more at: https://www.forbes.com/sites/timtreadgold/2021/06/02/indonesia-on-track-to-dominate-the-supply-of-nickel-to-make-batteries/?sh=14ff88807488

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