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Live Updates  >  Live Update Details

2026-11-06 09:20:26

[Indonesian Official: Huayou Cobalt, Harita Nickel, and Tsingshan Holding Plan to Cut Nickel Production Next Year] (1) According to Bisnis Indonesia, Cepe Mochammad Yasin, Director of Mineral Business Development at the Indonesian Ministry of Energy and Mineral Resources, said that Huayou Cobalt, Harita Nickel, and Tsingshan Holding Group plan to cut nickel production next year. (2) Citing Cepe, Huayou plans to cut its production in Southeast Sulawesi by 50%, and Harita Nickel and Tsingshan Holding are also preparing similar production cuts. (3) The report said the move is aimed at addressing the global nickel oversupply and supporting nickel prices.

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