finance.yahoo.com / Yahoo! Finance
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2025-02-06 18:09:04
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2025-02-06 18:09:04Event JSON
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"A report by C4ADS, a Washington-based global security nonprofit, found that Chinese firms control a significant portion of Indonesia's nickel refining capacity, which could limit Indonesia's ability to control and shape the industry. The reliance on Chinese-controlled nickel production also puts U.S. and European automakers at a competitive disadvantage in the global EV market. The report highlights the need for Indonesia to develop its downstream mineral industry with domestic financing to reduce its reliance on foreign companies."
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