Indonesia could run out of nickel within a decade
Indonesia's nickel processing boom is outpacing its reserves, with experts warning of depletion within a decade and urging the government to shift from price support to policies that sustain ore longevity.
Indonesia faces a potential nickel shortage within a decade due to its processing boom outpacing its reserves, according to experts. The country's saprolite reserves, which account for 735 million tonnes of production, are projected to last only six years, while limonite reserves will last about 16 years. Irwandy Arif, president commissioner of PT Aneka Tambang, warned that rising smelter capacity is accelerating reserve depletion, emphasizing that Indonesia is still in the middle of industrialization and has not yet reached the stage of finished products.
The government's current price support policies, while necessary, miss the mark, as they should focus on preserving the longevity of Indonesia's ore reserves.
Brief written by urgent.news from The Jakarta Post's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
