Tag: Energy Materials
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China’s Big Bet on Indonesian Nickel Faces a Harsh Reckoning
For years, China raced to secure the critical minerals needed to fuel its economy and the global clean energy transition. Nickel was supposed to be one of the surest bets. Now, one of China’s largest investments in Indonesia’s nickel industry is unraveling—and with it, some of the ...
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
China’s Big Bet on Indonesian Nickel Faces a Harsh Reckoning
For years, China raced to secure the critical minerals needed to fuel its economy and the global clean energy transition. Nickel was supposed to be one of the surest bets. Now, one of China’s largest investments in Indonesia’s nickel industry is unraveling—and with it, some of the ...