Released April 19, 2021 | MANILA, PHILIPPINES
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Researched by Industrial Info Resources (Sugar Land, Texas)--Chinese-based firms Virtue Dragon and Tsingshan Holding Group Company Limited have emerged as two of the biggest players in Indonesia's nickel market, with the latter overseeing Indonesia Morowali Industrial Park (IMIP). IMIP controls about 60% of nickel production in Indonesia, and Virtue Dragon about 22%.
Indonesia is one of the top countries for nickel mining, accounting for about 30% of the global nickel production in 2020, according to the U.S. Geological Survey (USGS). Chinese steel makers have long been a top customer for Indonesia's nickel producers, which include local players such as PT Aneka Tambang and PT Vale Indonesia.
Indonesia hosts 120 projects for nickel mining and downstream smelting and refining, totaling more than $12.6 billion in value, according to Industrial Info's project database. Click here for a list, and see graph below for a breakdown by plant owner.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Indonesia is one of the top countries for nickel mining, accounting for about 30% of the global nickel production in 2020, according to the U.S. Geological Survey (USGS). Chinese steel makers have long been a top customer for Indonesia's nickel producers, which include local players such as PT Aneka Tambang and PT Vale Indonesia.
Indonesia hosts 120 projects for nickel mining and downstream smelting and refining, totaling more than $12.6 billion in value, according to Industrial Info's project database. Click here for a list, and see graph below for a breakdown by plant owner.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
