Indonesia’s nickel processing into stainless steel and EV battery materials is heavily dominated by China investments through companies like Tsingshan, Jinchuan, Huayou Cobalt, Lygend Resource & Technology, CNGR, GEM, and CATL. The country, however, needs to diversify source of investments in order to mitigate international trade risks from IRA in US and similar policies in Europe.To subscribe please click here