Tag Archives: Indonesia

#Nickel giants #Philippines, #Indonesia form alliance to strengthen regional supply chain

Premier nickel industry bodies of the Philippines and Indonesia have entered into a partnership to formalize a regional supply chain corridor, aiming to cement Southeast Asia’s dominance in the global energy transition.

The Philippine Nickel Industry Association (PNIA) signed a partnership agreement with the Asosiasi Penambang Nikel Indonesia (APNI), otherwise known as the Indonesia Nickel Miners Association, to outline the shared direction of both countries’ nickel mining industries.

Under the agreement, the PNIA and APNI sought to promote the IndoPhil Nickel Corridor, a unified platform designed to elevate the global significance of Indonesian and Philippine nickel.

The corridor is envisioned to build investment confidence, encourage policy dialogue, and promote responsible mining, especially as mineral resources are becoming the central component to the global energy transition.

“The corridor signals that Philippine and Indonesian nickel is developed with clearer standards and accountability,” PNIA Executive Director Charmaine Olea-Capili.

By bringing together industry leadership from PNIA and APNI, Olea-Capili said the initiative demonstrates that both the Philippines and Indonesia are committed to building a supply chain that other countries can rely on.

The Philippines is the second-largest producer of nickel in the world, trailing Indonesia. Combined, the two countries are estimated to account for around 75 percent of the global supply of the mineral.

Nickel plays a critical role in supporting strategic sectors such as energy, mobility, and infrastructure, as well as the green and digital transitions.

Read more at: https://mb.com.ph/2026/02/13/nickel-giants-philippines-indonesia-form-alliance-to-control-supply

New tracking system to prevent fraud in #Nickel, #Tin mining

The government has launched an online tracking system for nickel and tin shipments to increase state revenue and improve governance in the mining sector. Already implemented for coal shipments since 2022, the Mineral and Coal Information System (Simbara) has now been expanded to encompass nickel and tin and is to be applied to other metallic minerals in the future.

Resource-rich Indonesia is the world’s biggest producer of nickel and one of the largest producers of tin. Simbara will enable the government to track the supply of nickel and tin from mines to domestic smelters. Finance Ministry Budget Director General said the government had launched the online tracking system for nickel and tin shipments given the two commodities’ increasingly strategic role in national and global economic development.

Read more at: https://www.thejakartapost.com/business/2024/07/22/new-tracking-system-to-prevent-fraud-in-nickel-tin-mining.html.

Vale Indonesia Blames Falling Nickel Price for Profit Dip

Net income at the Indonesian unit of global nickel giant Vale last year fell to less than a quarter of the figure a year earlier, unaudited results released on Thursday showed, a dramatic plunge the company blamed on lower global prices for the metal.
Vale Indonesia posted a net income of $67.5 million in 2012, down 80 percent from $333.8 million the previous year. Revenue fell to 19 percent to $967.3 million from $1.2 billion.

http://www.thejakartaglobe.com/business/vale-indonesia-blames-falling-nickel-price-for-profit-dip/575503