Indonesia’s Nickel Quota Slash Sparks Price Surge at World’s Largest Mine
South-East Asian Giant Cuts Production Permits by Nearly One-Third in Strategic Bid to Reshape Global Battery Metal Markets The London Metal Exchange witnessed a sharp rally in nickel prices on Tuesday as Indonesia—which commands roughly 60% of global nickel production—unveiled dramatic production cuts at the world’s largest nickel mine, sending ripples through industries from electric…
