KONTAN.CO.ID - JAKARTA. Indonesia will limit construction of nickel smelters to ensure new plants produce high-value products and follow green principles in the production process, state news agency Antara reported on Friday, citing the country's investment minister. Noting many existing smelters already produce nickel pig iron or ferronickel, Minister Bahlil Lahadalia said Indonesia needed to prioritise using ore reserves to create higher value materials including input for batteries for electric vehicles. "Now we prefer to push downstreaming with 80% to 100% value addition," he was quoted as saying.
Indonesia Details Plans to Limit Development of Nickel Smelters -Report
KONTAN.CO.ID - JAKARTA. Indonesia will limit construction of nickel smelters to ensure new plants produce high-value products and follow green principles in the production process, state news agency Antara reported on Friday, citing the country's investment minister. Noting many existing smelters already produce nickel pig iron or ferronickel, Minister Bahlil Lahadalia said Indonesia needed to prioritise using ore reserves to create higher value materials including input for batteries for electric vehicles. "Now we prefer to push downstreaming with 80% to 100% value addition," he was quoted as saying.