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China's control over 75% of Indonesia’s nickel capacity raises concerns

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Chinese companies currently control 75% of Indonesia ’s nickel refining capacity, raising concerns about supply chain resilience.

The ownership by Chinese companies can potentially impact global supply chains for the critical component used in electric vehicle batteries.

In 2023 , Indonesia and China together produced 65% of the world's refined nickel.

By 2030 , Indonesia is projected to account for 44% of global refined nickel production.