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International Nickel Study Group forecasts increasing surplus of nickel in market this year

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The International Nickel Study Group (INSG) reported world primary nickel production of 2.610Mt in 2021 and 3.060Mt in 2022. The estimates do not include any adjustment factor for possible production disruptions. INSG forecasts nickel pig iron (NPI) production in Indonesia to continue to rise, and to decline further in China.

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Roskill: Indonesia to overtake China as top refined nickel producer this year

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Materials supply chain intelligence company Roskill expects Indonesia to become the world’s largest producer of refined nickel this year, pushing China to second place. As recently as 2014, Indonesia produced only 24kt of refined nickel. This level of production made the country the world’s second-largest nickel producer behind China.

Indonesia 207
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Toyota to increase production capacity in Indonesia

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Toyota Motor Manufacturing Indonesia (TMMIN), Toyota Motor Corporation’s (TMC) vehicle production subsidiary in Indonesia, plans to increase the annual production capacity of TMMIN’s Karawang Plant from 100,000 vehicles to 140,000 vehicles by early 2013. In 1977, TMMIN started production of the “Kijang”, an.

Indonesia 186
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Pertamina and Eni to collaborate on low-carbon products and renewable energies; Indonesian bio-refinery

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The parties are willing to discuss collaboration opportunities in low-carbon products and renewable energies development. Finally, Eni and Pertamina will discuss cooperation and business opportunities both in Indonesia and internationally in renewable projects.

Renewable 230
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Daihatsu and Toyota form new cooperative business in Indonesia; new compact Daihatsu and Toyota models

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Daihatsu Motor and Toyota Motor are forming a new cooperative business in Indonesia, under which the two companies are to respectively market a new Daihatsu-brand and Toyota-brand compact car there. Both the vehicles are planned for display at the Indonesia International Motor Show in September as models planned for sale in Indonesia.

Indonesia 218
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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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Higher EV penetration reduces GHG emissions from fuel use regardless of the transportation energy transition, while those from fuel production are more sensitive to energy-sector decarbonization and could reach nearly “net zero” by 2040. NMC/NCA scenario illustrates that the market share of NMC/NCA will increase to 100% by 2050.

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BASF and Eramet to assess development of nickel-cobalt refining complex in Weda Bay to support EV battery production

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The HPAL would be located in Weda Bay, Indonesia, while the location of the BMR will be determined during the feasibility study. The contract, which provides for a 30-year production period, may be renewed twice, for a period of 10 years. The four production lines have been operational since May, with ferronickel output reaching 4.2