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China says Indonesia's nickel curbs risk $50 bn investment: Report
short by Vaishnavi Mishra / on Monday, 15 June, 2026
Chinese embassy in Jakarta wrote to Indonesia's Energy Ministry over recently introduced regulations that have cut mining production quotas and unveiled a pricing mechanism, Financial Times reported. The policies threaten $50 billion in existing and planned investments, letter read. China has a dominant position in Indonesia's nickel industry, a critical link in the global EV battery supply chain.
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