Indonesia plans to boost its nickel production despite falling prices resulting from ample supply that are forcing some miners to shut down mines. Per plans, battery-grade nickel production in Indonesia should increase fourfold by 2030, to 1 million tons, the Financial Times reported today, citing a senior government official from Jakarta. Output of the sort of nickel used in stainless steel production is seen rising by 15% from the current 1.9 million tons annually, deputy coordinating minister for investment and mining Septian Hario Seto told…
