Tag: China Investor Dynamics
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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.
File image of an artisanal miner carrying raw ore at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo. REUTERS/Kenny Katombe/File Photo
By Maxwell Akalaare Adombila and Ange Kasongo The U.S. has made progress in its push to prise Congo's strategic minerals from China's orbit, but conflict, contested licences and compliance demands are still slowing Washington's advance into a region its rival dominates, diplomats and ...
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.