Chinese Nickel Firms in Indonesia Mull Output Cuts on Low Prices
Several Indonesian nickel smelters controlled by Chinese firms are weighing coordinated output cuts of a key battery material, as pressure mounts on profitability due to weak prices, according to people...
By Annie Lee and Alfred Cang · Bloomberg Markets
Several Indonesian nickel smelters controlled by Chinese firms are weighing coordinated output cuts of a key battery material, as pressure mounts on profitability due to weak prices, according to people familiar with the matter.