Indonesia suspends nickel exports to eye domestic processing and support plan to become EV hub  [ Indonesia ]

Reported on October 29, 2019, Indonesia will suspend nickel ore exports immediately rather than stopping overseas shipments in early 2020, aiming to ramp up domestic processing to boost its income. The move is also a key for plans to turn the country into an electric vehicle hub, as nickel is used in lithium batteries that power gas-free cars. According to Indonesia Investment Coordinating Boar...
<Oct 30, 2019>