Indonesia’s nickel strategy proved to be a ‘great success’—but overcapacity and tech shifts could challenge Jakarta’s ‘downstreaming’ hopes

Indonesia exported just under $8 billion worth of nickel and its derivatives last year, 10 times more than what it exported in 2020.

Mar 4, 2025 - 07:43
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Indonesia’s nickel strategy proved to be a ‘great success’—but overcapacity and tech shifts could challenge Jakarta’s ‘downstreaming’ hopes
Indonesia exported just under $8 billion worth of nickel and its derivatives last year, 10 times more than what it exported in 2020. Read More