INDONESIAN NICKEL MINE

Rocky Gerung Reminds the National Police Chief about TKA and TKI in Morowali, Central Sulawesi  Political observer Rocky Gerung highlighted the statement by the National Police Chief General Listyo Sigit Prabowo regarding clashes between Indonesian workers (TKI) and foreign workers (TKA) from China at the Morowali Nickel Smelter.  The National Police Chief said that there was a provocateur behind the bloody incident. However, Rocky has a different view from the National Police Chief. According to him, the clashes that led to the loss of life were not triggered by provocateurs.  Rocky assesses the injustice felt by indigenous workers at PT Gunbuster Nickel Industri. This statement was made by Rocky to answer questions from senior journalist Hersubeno Arief who stated that this case was not revealed because it was only based on provocateurs. "Yes, we know that Morowali is a symbol of people's resistance. So, it is impossible to incite people there. He (workers) don't see ju...

The Minister of Manpower , Ida Fauziah revealed that the younger generation of workers now prefers work that can be done remotely. They even made a petition to resume the work from home system or work from home (WFH). "I think the experience of the Covid-19 pandemic has become a new habit for them and they are making a petition to re-enforce WFH," said Ida at the 2023 National Coordination Meeting of Regional Heads and Forkopimda at the Sentul International Convention Center (SICC), Bogor, West Java, Tuesday (17/ 1).  Those that Ida refers to are workers from generations Y and Z. For information, generation Y is people born in 1981-1996 or this year aged 27 years to 41 years. Meanwhile, Generation Z is those born from 1997 to 2012 or those aged 11-25 years in 2023.  Two generations who have experienced working from home or remotely during the pandemic are comfortable with this new lifestyle. "What we have to see is they want to be in remote working," he said. Moreov...

PT Vale Indonesia Tbk (INCO) is collaborating with a Chinese company, namely China Baowu Steel Group and Shandong Xinhai Technology to build a nickel smelter or refining and processing plant in Bahodopi District, Morowali Regency, Central Sulawesi with an investment of US$2.1 billion or around Rp31 trillion. .  "The estimated capex cost is around US$2.1 billion for the construction of the factory," said PT Vale Indonesia President Director Febriany Eddy at the signing of the Bahadopi Block Project Investment and Cooperation Agreement in Jakarta, Tuesday.  The nickel smelter plant will be able to produce around 73 thousand to 80 thousand metric tons of nickel per year. With the signing of the investment cooperation, it is hoped that the construction of the factory will be completed no later than 2025.  Febriany thanked the Indonesian government for making the Bahodapi Project a National Strategic Project (PSN).  "This project is included as a PSN, this means that this...

Workers at PT GNI in North Morowali Regency, Central Sulawesi, returned to work actively starting Tuesday morning January 17 2023.  They returned to work after two days of the nickel smelter company's activities being suspended after the deadly incident last Saturday (14/1/2023).  Previously, local workers and Chinese foreign workers were involved in clashes. Two people were declared dead. Local workers and Chinese foreign workers who returned to work after the clashes were seen as friendly and friendly again. This can be seen from the photos circulating widely on social media and the WhatsApp Group (WAG).  In the photo, you can see TKA and TKI close and harmonious taking selfies together at the PT Gunbuster Nickel Industry (GNI) smelter location. Not only taking pictures together, the TKA and TKI also held hands.  Residents of North Morowali hope that PT GNI will resume production so that the economic effects after the clashes remain stable for the community in the ...

The Ministry of Investment/Investment Coordinating Board (BKPM) reports that Central Sulawesi (Sulteng) is the province with the largest realized value of foreign investment in Indonesia worth US$5.1 billion during January - September 2022. The investment value is equivalent to IDR 76.68 trillion (estimated exchange rate 15,040 per US dollar) and is higher than West Java, which has a foreign investment (PMA) value of US$4.6 billion or the second largest after Central Sulawesi. Furthermore, North Maluku has realized FDI investment value of US$3.3 billion, followed by DKI Jakarta which has achieved investment realization worth US$3.1 billion, and Riau through FDI achievement of US$2.5 billion.  "Most foreign investment has entered Central Sulawesi, West Java, North Maluku, DKI Jakarta and Riau. This means that the balance of this investment has entered," said Bahlil in the National Coordination Meeting of Regional Heads and Forkopimda, Tuesday (17/1/2023). Bahlil said that sinc...

Nickel is one of the main materials for electric vehicle batteries, the market price of nickel has continued to rise sharply, even up to four to six times in recent years.  Nickel mining players in Indonesia are starting to compete to claim their mining lands for immediate exploration. This led to a struggle for mining land, even involving security forces who were used as backing in disputes over nickel mining land.  The smell of nickel mines in Indonesia has become even more fragrant since the increase in global sales of electric vehicles, especially in Indonesia. This is inseparable from the role of nickel which is very important in the electric vehicle industry. However, nickel mining in Indonesia went chaotic when the electric cars were bright, which involved security forces as backing. Even Elon Musk as the owner of the Tesla car manufacturer revealed that world nickel prices are getting crazier and the prices for electric vehicles will also continue to increase. Indonesi...

1.Continuous decline in refined nickel stocks. Due to the rapid development of new energy vehicles, the market is very optimistic about the application of high nickel ternary materials in the future. This has led to a sharp increase in demand for Ni sulfate, especially the high premium of Ni sulfate to metal, which has attracted the attention of the nickel industry giants. For example, BHP plans to produce Ni sulfate in Australia, and Norilsk has signed a partnership agreement with BASF to expand production of Ni sulfate.In domestic, Jinchuan Group also intends to reduce metal nickel production and increase Ni sulfate production. In addition, private enterprises such as Tianjin Maolian, Yantai Keshi and other private enterprises are also planning to stop producing metal nickel to produce nickel sulfate. However, as most of the above-mentioned enterprises switch to production by smelting intermediate products for nickel sulfate production. Against the background of tight supply of inter...