Indonesia, which has a quarter of the global reserves of nickel, proposes the creation of a nickel organization, similar to the Organization of Petroleum Exporting Countries, to help coordinate metal supply affairs used in the battery industry.
The Bloomberg News Agency reported today, Wednesday, that the Indonesian Minister of Investment, Halil Hadalia, revealed the idea of establishing the organization “similar to OPEC”, in a meeting with the Canadian Minister of International Trade, Mary Eng. , on the sidelines of the G20 summit held in Bali on Tuesday, According to what was stated in a statement.
Hadalia said that the presence of an alliance of minerals rich in countries will help unify government policies and push the development of manufacturing.
It is worth noting that Indonesia produced a million tons of nickel last year, while Canada produced 130,000 tons in 2021, according to the US Geological Survey..
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