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[BUSINESS] · Indonesia · 10 sources

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Part of situation: Indonesia restructuring for downstreaming and energy (5 clusters)

Indonesia considers nickel smelter moratorium amid global oversupply

nickel industry downstreaming energy transition smelter moratorium commodity oversupply

Bahlil Lahadalia, Indonesia's Coordinating Minister for Downstreaming and Energy Transition and Minister of Energy and Mineral Resources, is implementing several strategic shifts for the nation's energy and mining sectors. To combat a global nickel oversupply of approximately 2.5 million tons, the government is considering a moratorium on new smelters that produce only semi-finished products, such as ferronickel and nickel pig iron. The goal is to prioritize industries that produce high-value, finished downstream products.

Despite the new coordinating role, Bahlil clarified that he receives only one salary as the Minister of Energy and Mineral Resources and that the new ministry is currently operating under the existing budget of the Ministry of Energy and Mineral Resources. This approach aims to prevent budget waste during the institutional transition.

Additionally, the government plans to review electricity export deals to ensure Indonesia maximizes economic benefits and protects its sovereignty. Regarding the nickel sector, projections suggest that increased downstreaming could drive nickel export values to between US$ 38 billion and US$ 40 billion by 2026.

Entities

Bahlil Lahadalia · Coordinating Ministry for Downstreaming and Energy Transition · Hasanuddin University · Indonesia · Ministry of Energy and Mineral Resources · Prabowo Subianto · Suahasil Nazara

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] Global nickel oversupply has reached approximately 2.5 million tons. en.antaranews.com
  • [○ 1 SOURCE] The new coordinating ministry should focus on removing investment bottlenecks rather than just holding coordination meetings. jawapos.com
  • [○ 1 SOURCE] Indonesia is considering a moratorium on the development of semi-finished nickel smelters. en.antaranews.com
  • [● 3 SOURCES] Bahlil Lahadalia receives only one salary despite holding dual roles as Coordinating Minister and Minister of Energy and Mineral Resources. www.liputan6.com · www.jpnn.com · katadata.co.id
  • [○ 1 SOURCE] Indonesia plans to review electricity export deals to ensure greater national benefit. english.kontan.co.id
  • [● 3 SOURCES] The Coordinating Ministry for Downstreaming and Energy Transition is currently utilizing the budget of the Ministry of Energy and Mineral Resources. www.liputan6.com · katadata.co.id · economy.okezone.com
  • [○ 1 SOURCE] Nickel export value is projected to reach US$ 38-40 billion by 2026.
  • [● 2 SOURCES] Semi-finished nickel products account for 50 to 60 percent of Indonesia's national output. en.antaranews.com

Sources

Kemenko Hilirisasi Dibentuk, Ekonom Minta Bahlil Selesaikan Masalah Hambatan Investasi [jawapos.com]
Why Indonesia Is Weighing a Moratorium on Semi-Finished Nickel Smelters [en.tempo.co]
Bahlil Buka Opsi Moratorium Industri Hilirisasi Tertentu - Republika Online [ekonomi.republika.co.id]
Bahlil Buka Opsi Moratorium Smelter Nikel, Ternyata Ini Alasannya [www.cnbcindonesia.com]
Bahlil Buka–bukaan soal Gaji Rangkap Jabatan 2 Menteri [www.jpnn.com]
Indonesia considers moratorium on new nickel smelters amid oversupply [en.antaranews.com]
Bahlil Bocorkan Kementerian yang Akan Ada di Bawah Kemenko Hilirisasi : Okezone Economy [economy.okezone.com]
Jadi Menko Hilirisasi, Bahlil Sebut Gajinya Hanya Satu sebagai Menteri ESDM - Energi Katadata. co. id [katadata.co.id]
Indonesia to Review Electricity Export Deals, Senior Minister Says [english.kontan.co.id]
Bahlil Cuma Terima Gaji Satu Kali Meski Rangkap Jabatan [www.liputan6.com]