Indonesia's Chinese investment-dominated nickel industry: Social and environmental safeguards needed
Acknowledged as a key industry in the National Mid-Term Development Plan 2015-2019, Indonesia's nickel industry has witnessed significant investments, especially from China. While the industry faced a boom from the Russian-Ukraine conflict and the easing of China’s zero-Covid policy, the unchecked growth of Class 2 nickel production from Indonesia could cause oversupply in global markets and suppress the commodity’s price. In crafting new policies, Indonesia must also prioritise stronger social and environmental safeguards.