Indonesia's Dominance in Global Nickel Production
| Category | Details |
|---|---|
| Global Nickel Production | 3.37 million metric tons (mt) in 2023. |
| Largest Nickel Producer | Indonesia, with 1.72 million metric tons in 2023 (21.1% increase from 2022). |
| Nickel Reserves in Indonesia | 21 million metric tons. |
| Key Nickel Mines in Indonesia | Pakal Island, Bahoomahi, Gag Island, Pomalaa, Tapunopaka. |
| Global Production Forecast | 3.37 million metric tons in 2023, with Indonesia playing a pivotal role. |
| Top Producers' Share | Indonesia and the Philippines account for 58.2% of global nickel production. |
| Strategic Project | Weda Bay project expected to drive production growth from 2023 to 2026. |
| Challenges | Regulatory actions, ESG issues, illegal mining practices. |