Reason for possible tax on anything less than 70% Nickel Content - ”Indonesia is keen to develop a full supply chain for nickel, from extracting ore from its rich nickel reserve to producing batteries and assembling electric vehicles (EVs) at home.”
It will open up many more lucrative opportunities to invest in other parts of the supply chain since we already have a strong foothold in the country. They have a vision of being a global EV hub to supply the Asian market and we are going to play our part and reap the rewards , imho dyor
Indonesia considers export tax for Nickel, page-3
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