Govt Curbs Processed Nickel Export, How Will It Affect the Industry?

By Editorial Team 20/09/2021
Summary

The government will regulate the export of nickel-processed products. Later, only nickel products with a minimum content of 70 percent may be exported. The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the government would prohibit the export of processed products containing only 30 to 40 percent nickel.

The policy was taken by considering the current amount of nickel reserves. In addition, the regulation also seeks to increase the added value of mineral products. "It’s related to the 70 percent nickel content for exports so that Indonesian exports have added value," Bahlil said in a virtual press conference on Friday (9/17).

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.