After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...
Category: Nickel
China’s GEM Seals Nickel Deal with Indonesia’s SWF Danantara
China’s battery materials giant GEM has signed a head of agreement with Indonesia’s sovereign wealth fund Danantara to build a nickel and recycling hub. The agreement, confirmed by Danantara investment chief Pandu Sjahrir on Tuesday, marks the fund’s first ...
Indonesia Nickel Glut Triggers Mining, Smelter Moratorium Calls
China’s Tsingshan Holding Group, which produces nearly one-third of the world’s stainless steel, has suspended major production lines at its Indonesian nickel smelter, the clearest sign yet that the global nickel market is buckling under glut, collapsing prices, and demand, fueling urgent calls for a moratorium on ...
Q&A: Indonesia’s Nickel Strategy Benefits China, Offers Cautionary Tale for Developing Nations, Says Researcher
Indonesia controls the world’s largest nickel reserves, crucial to powering electric vehicles and fueling the global green transition. But despite its natural advantage, the country finds itself missing out on the actual industrial gains. Instead of building homegrown technological ...
Indonesia’s Nickel Sector in Turmoil: Acquisition Proposal Amid Chinese Investor Bankruptcy Saga
Trouble seems to be brewing in Indonesia’s nickel sector. One of the nation’s primary nickel smelters, PT Gunbuster Nickel Industry (GNI), is in an unprecedented crisis. Its troubles are deepened by its ties to a faltering Chinese parent company.
Photo Essay: Mounting Health Crisis in Indonesia’s Nickel Mining and Smelting Hub
It begins with a sharp sneeze, followed by a piercing wheeze, a relentless cough, or the struggle to catch a full breath—paired with the sting of irritated eyes. In Lelilef Sawai, a small village nestled beside Weda Bay Industrial Park, a massive hub of nickel downstream processing ...
Analysis from Cobus van Staden
Photo Essay: How Nickel Smelting Threatens Indigenous Tribe’s Ancestral Home in Indonesia
The deafening roar of bulldozers ripped through the tranquil forest near nickel smelting, scattering birds and shattering the harmony that had defined O Hongana Manyawa’s home for generations. In November 2023, a viral video captured two men from this nomadic tribe ...
[Seminar] Kompetisi Energi Baru: Jejak Industri China pada Nikel Indonesia
Tanggal: 15 Nopember, 2024 Waktu: 10:00-11:15 (WIB) Lokasi: Virtual (Zoom, Publik) Daftar disini: https://tinyurl.com/CGSPNikel ...
From Rich Soil to Flooded Plains: The Toll of Indonesia-China’s Nickel Ambition
Flash floods hit North Maluku, a province in the eastern part in Indonesia, for four days last July. Home to nickel-focused industrial activities of the Indonesia Weda Bay Industrial Park (IWIP), the floods swept across several villages nearby. Heavy rains ...
Nickel Nexus: Indonesia’s China-Backed Nickel-to-Battery Ambition
This report serves as a companion piece to CGSP’s Nickel Tracking Map. While the map provides detailed, up-to-date data on Indonesia's nickel industry, this report offers the broader context needed to understand that data. It traces the evolution of the industry, examines China’s involvement, and analyzes ...
U.S. Can Do More Than Just Blocking China-Invested Indonesian Nickel
This article is co-authored Muhammad Zulfikar Rakhmat, Director of the China-Indonesia Desk at CELIOS, and Yeta Purnama, a researcher at the Center of Economic and Law Studies (CELIOS). The potential U.S. decision to block nickel imports from Indonesia ...
U.S., China, Indonesia’s Nickel Gridlock: A Perspective From Below
“Without Indonesia’s nickel, have no future in America,” declared Indonesia’s coordinating minister of maritime and investment affairs Luhut Binsar Pandjaitan in Foreign Policy last month. A bold statement from Indonesia’s top minister. He blasted Washington’s Inflation Reduction Act (IRA) for ...
Chinese Nickel Miners in Indonesia Cut Output Amid Price Crash
Chinese-owned nickel mines in Indonesia are poised to cut output by at least 100,000 metric tons this year in a bid to boost prices of the precious metal used to manufacture batteries for electric vehicles. Chinese and other mining companies in Indonesia ...