Chinese nickel investors brace for headwinds as Indonesia weighs smelter freeze

South China Morning Post Saturday 10 October 2026, 09:00 UTC By Ralph Jennings 1 min read

Key Points

Chinese investors could face significant disruption if Indonesia imposes a moratorium on new nickel smelters to curb global overproduction and protect local industries across its vast minerals sector, analysts said. Indonesia was weighing a halt to the construction of smelters that produce semi-finished nickel products amid a global supply glut that had driven down commodity prices, state news agency Antara reported, citing energy and mineral resources minister Bahlil Lahadalia.

Chinese (ORG) Indonesia (LOCATION) Antara (ORG) Bahlil Lahadalia (PERSON)

Originally published by South China Morning Post Read original →

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Chinese nickel investors brace for headwinds as Indonesia weighs smelter freeze

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