Indonesia banned nickel ore exports to assert sovereignty over natural resources, boost nickel product value, and boost the economy. This strategy increased Indonesia's …
The export ban will help to preserve Indonesia's nickel ore resource base for its rapidly growing NPI and stainless steel melting industries. The ban was put in place following Indonesia's relaxation of a previous ore …
The EU's primary argument is that Indonesia's export ban on nickel ore constitutes a quantitative restriction on exports, which is prohibited under Article XI of the GATT. Article XI:1 states that WTO members shall not impose prohibitions or restrictions other than duties, taxes, or other charges on the export of any product destined for ...
By its nature, the DPR restricted the sale for export of nickel ore, and therefore, is covered in the scope of the obligation in Article However, the panel disagreed with Indonesia's counterargument and held that the export ban was indeed …
While Indonesia had profited from the global resources boom from 2005, its government argued that most of the benefits had been captured by the mining companies and had not contributed to Indonesia's development. Before the ban, Indonesia was extracting 71 million tonnes of nickel ore annually, of which 65 million tonnes was exported in its ...
Through successive policies implemented between 2009 and 2019, the Indonesian government has, as of late April 2022, progressively banned the export of nickel …
When Indonesia announced its nickel ore ban in 2020, the EU petitioned the WTO, whose rules prohibit member countries – including Indonesia – from using quotas, import or export licences or ...
So assuming the supply of 275 kt from the Philippines, 400 kt from Indonesia and 20 kt from New Caledonia, plus a further 5 kt from other sources, total nickel-in-ore feed for 2019 could reach 700 ...
Indonesia will keep in place a ban on the export of nickel ore even as it relaxes exports of some other minerals under revisions to its mining law, the director of minerals at the country's energy ...
According to coal and minerals director general Bambang Gatot Ariyono, Indonesia would need 81 million tons nickel ore supply per year as it currently has 11 working smelters and would build 25 more.
The Virtue Dragon Nickel Industry (VDNI) nickel smelter in Konawe is emblematic of Indonesia's broader nickel industry. Conceptualised in 2014 at the outset of the export ban on nickel ore and commencing operations by 2019, the swift construction of this nickel processing facility has led to explosive economic growth.
Context of Indonesia's Nickel Export Ban. Indonesia is a key player in the global nickel market, boasting significant reserves that are essential for producing batteries for electric vehicles (EVs) and other green technologies. In January 2020, Indonesia implemented a ban on exports of nickel ore, aiming to boost its domestic processing ...
Since the 2014 ban was implemented, the value of Indonesia's total nickel exports increased despite relatively stable nickel prices, reflecting Indonesia's transition to producing and exporting processed nickel instead of raw nickel ore. During the past decade, Indonesia's nickel industry
On the other hand, with the ban on nickel ore exports, nickel ore production ceased in 2015 and 2016. A policy change allowing the export of nickel ore with a grade below 1.7% resulted in an increase in nickel ore production in 2017 and 2018. ... Indonesia's nickel ore reserves in 2021 were recorded at 5,243.53 million wmt, with 1,970 million ...
Indonesia is home to 22% of the world's nickel reserves, and its ban on nickel ore exports since 2020 has caused major shifts in the supply chains of strategic products such as electric vehicles and rocket engines.
The Indonesian government has claimed that its raw nickel export ban, which started in January 2021, has shown positive impacts after seeing increases in mining investments and exports of nickel ...
GENEVA, Nov 30 (Reuters) - The World Trade Organization recommended on Wednesday that Indonesia change measures including a ban on nickel ore exports in a dispute with the European Union.
As the country with the world's largest nickel ore production and reserves, Indonesia has a vital role in the global nickel trade.Indonesia produces 1 million metric tons per annum or 37% of the ...
The World Trade Organization has ruled that Indonesia's export ban and domestic processing requirement on nickel ore violates WTO rules, according to a report released Nov. 30.
Indonesia has emerged as one of the world's biggest producers of nickel products following a 2020 ban on the export of raw nickel that triggered a massive expansion of its …
Indonesia's decision to ban nickel ore exports was a surprising success for President Jokowi. Will it work for his successors? Lionel Lim. December 15, 2023 at 4:00 PM.
Indonesia implemented an ore export ban in 2014 only to reverse course and relax it in 2017, when the government said companies would have five years to prepare and start building homegrown smelters – which extract base metals from ore. ... "Indonesia is the world's largest producer of nickel ore which is used extensively in EV batteries so ...
Last November, the World Trade Organization (WTO) ruled against Indonesia over the nickel ore export ban in a case brought before it by the European Union. Ahmad Zuhdi Dwi Kusuma, mining industry analyst at state-owned lender …
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, said that many countries have tried to persuade Indonesia to cancel the nickel ore export ban policy enacted in early 2020. According to Lahadalia, the ban was put in place because nickel ore is included in the category of critical minerals needed as the main raw materials for ...
A handful of studies have discussed issues around the Indonesian nickel ore ban. Lim et al. found that the latest nickel ore ban did not significantly impact price shocks in the market compared to the ban issued in 2014. Similarly, Situmorang found that the ban on nickel ore exports hurt PT. Vale Indonesia (the largest nickel mining and ...
Brussels, 2 December 2022 – EUROFER welcomes the WTO Panel report ruling against Indonesia's ban on the export of nickel ore. These measures have been artificially distorting the global market for nickel ore and fuelling the new export …
Indonesia's imports of nickel ore surged to 9.3 million metric tons in the first 10 months of 2024, more than 50 times the imports in the same period last year, the statistics bureau said earlier ...
To encourage the development of local processing capabilities, Indonesia applied a nickel ore export ban in January 2020, two years ahead of its initial January 2022 schedule. The objective of the ban was to encourage …
This paper focuses on an export ban that Indonesia placed on nickel ores and concentrates initially in 2014 and implemented again in 2020 following a brief lapse in enforcement.
Impact on the Nickel Industry in Indonesia and Beyond. The ongoing developments have far-reaching consequences for the nickel industry. Indonesia, which was once a significant exporter of nickel ore before the 2020 ban, has undergone a transformative phase. The ban led to substantial investments in nickel smelting, particularly by Chinese ...