{
    "success": true,
    "data": {
        "id": 1822017,
        "msgid": "nickel-entrepreneurs-hope-for-more-downstream-friendly-regulations-1782312880",
        "date": "2026-06-24 21:10:58",
        "title": "Nickel Entrepreneurs Hope for More Downstream-Friendly Regulations",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Economy",
        "summary": "The head of Indonesia's Nickel Industry Forum has urged the government to create regulations that attract investment in downstream processing. He noted that while Indonesia is now the world's largest nickel producer, nearly 90% of its output is still exported as intermediate products. The push aims to capture greater added value and facilitate technology transfer through the production of finished goods.",
        "content": "<p>Chairman of the Indonesian Nickel Industry Forum, Arif Perdana\nKusumah, is encouraging the government to create regulations that can\nattract investor interest in downstream projects in the country. \u201cThe\nindustry also needs a policy that can drive this industry further\ndownstream, because the added value will be much greater,\u201d Arif said\nduring a discussion session held by Tempo Inti Media Impresario titled\n\u2018One-Door Export and the Future of the National Palm Oil and Mining\nIndustry\u2019 on Wednesday, 24 June 2026.<\/p>\n<p>Arif stated that downstream processing in the nickel industry began\nin 2009 when the government revised the Mining Law. At that time, Arif\nexplained, the government required entrepreneurs to process and refine\nminerals domestically, preventing direct export. Then, about five years\nlater, during the era of President Joko Widodo, the government banned\nthe export of raw materials.<\/p>\n<p>Since then, Arif said, nickel processing and refining facilities in\nIndonesia have developed rapidly. Ultimately, by 2025, Arif noted that\nIndonesia had become the world\u2019s largest nickel producer. He said that\nIndonesia currently holds 60 percent of the global nickel market share,\nwith China as the world\u2019s largest consumer country being the main market\nfor Indonesian nickel.<\/p>\n<p>Furthermore, Arif estimated that Indonesia has produced around 2.5\nmillion tonnes of nickel, both for the stainless steel industry and\nenergy transition products including electric vehicle batteries.\nHowever, almost 90 percent of total production is exported in raw form.\n\u201cAlthough we have succeeded in becoming the largest producer in the\nworld, what we produce are still only intermediate products,\u201d he\nsaid.<\/p>\n<p>He acknowledged that Indonesia should be producing more derivative\nproducts with added value. Therefore, Arif is urging the government to\ncreate regulations that can attract investment, especially from the\nprivate sector, in downstream processing. The goal is to ensure that in\nthe future, raw material exports from Indonesia are not significant.\n\u201cThe large added value is actually downstream, with the construction of\ndownstream industries up to finished goods, applicative goods,\u201d he\nsaid.<\/p>\n<p>Beyond providing added value, Arif believes downstream projects will\ncreate technology transfer. According to him, downstream industries such\nas battery manufacturing, stainless steel, precursors, and cathodes use\nhighly sophisticated technology and require competent talent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/nickel-entrepreneurs-hope-for-more-downstream-friendly-regulations-1782312880",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}