While demon nickel's frenzy was temporarily halted when the LME suspended trading in nickel futures, the impact of lunni hitting 100,000 a tonne was profound as Indonesia, the world's largest nickel producer, decided to ramp up production of the metal.
Indonesia có kế hoạch tăng sản lượng niken của mình thêm 393, 000 lên 400, 000 tấn trong năm nay, nâng tổng sản lượng lên 1,4 triệu tấn và bổ sung thêm 500, 000 tấn công suất hàng năm tiếp theo Luhut Panjaitan, bộ trưởng điều phối các vấn đề đầu tư và hàng hải, cho biết trong một cuộc phỏng vấn hôm thứ Tư.
"We believe that with this additional capacity, we can more than offset any loss of supply from Russia or elsewhere."
Meanwhile, Indonesia will monitor "unprecedented" market conditions to decide whether to impose export duties on nickel iron and pig iron containing nickel. "We need to be mindful of the impact on consumers," Panjaitan said. "We don't want to kill the ev battery industry, and we don't want nickel prices to derail our goal of producing lithium batteries by early 2024."
Septian HarioSeto, Indonesia's deputy minister of Marine and Investment Affairs, said on January 22 that the government might impose a tax on exports of nickel iron and pig iron containing nickel from this year. If the nickel price is above 15,000 / ton, a 2 percent tax may be levied, and the tax increases with the nickel price. The main purpose of the tax is to promote investment in the downstream nickel industry.
