Indonesia's Nickel Development Spurs Other Mining Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--With a very positive outlook for its nickel market, Indonesia is encouraging the development of downstream facilities, such as smelters and refineries, for aluminum, copper and tin, which are also in high demand worldwide.

Demand for these base metals is expected to increase substantially in coming years, due to the growing use of electric vehicles (EVs) in Western countries. Indonesia believes state revenues from its downstream nickel industry could reach US$28.7 billion for 2022.

Industrial Info is tracking 102 smelter projects in Indonesia, totaling nearly US$19 billion in investment value, including 31 nickel projects worth US$5.86 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed reports for related projects, and click here for a list of detailed profiles for related plants.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).