Indonesia’s Nickel Sector in Turmoil: Acquisition Proposal Amid Chinese Investor Bankruptcy Saga

Visual representation of an industrial nickel smelter facing operational challenges in Indonesia.
Nickel smelter operated by the Virtue Dragon Nickel Industry in Morosi, on the eastern Indonesian island of Sulawesi. The company is a subsidiary of De Long Nickel Co.LTD from Jiangsu, China. Adek BERRY / AFP

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.

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by Edwin Shri Bimo

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