NORTH KONAWE, SOUTHEAST SULAWESI, INDONESIA - AUGUST 03: In this aerial view - A view of nickel mining site on August 3, 2023 in North Konawe, Southeast Sulawesi, Indonesia.
Estimates from the U.S. Geological Survey (USGS) showed that global nickel production grew 21% in 2022 alone.
Indonesia holds the world's largest nickel reserves and leverages those reserves to attract investment in the battery supply chain, a report by the Center for Strategic and International Studies said.
Indonesia alone will account for roughly half of global nickel supply growth through to 2025.
As of 2020, Indonesia has 292 nickel mining permits, mostly in Sulawesi, as the island hosts most of the national nickel reserves, the same CSIS report said.
Persons:
Ulet Ifansasti, Ifansasti, Joko Widodo, Joe Biden, Biden, Katherine Tai
Organizations:
U.S . Geological Survey, Center for Strategic, International Studies, CSIS, Getty, White, U.S, . Trade
Locations:
SULAWESI, INDONESIA, North Konawe, Southeast Sulawesi, Indonesia, U.S, Sulawesi, Central Sulawesi Province, United States