Nickel market faces uncertainty amid Indonesia’s mining quota adjustments
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The short-term outlook for the nickel market hinges on Indonesia’s shifting nickel ore mining quotas in 2025. Any downgrade could have significant repercussions on market balance and price trajectories this year. In mid 2024, the Indonesian government approved annual ore quotas worth 240 million tonnes, valid until 2026. However, by the end of 2024 the […]