Yeah, you're right about the Europeans. They have regulations in place to ensure the content inside all batteries has a low carbon footprint & is mined to a high environmental standard. If that kind of regulation moves around the world, then I think Indonesia's nickel industry will struggle.
Indonesia’s electric vehicle batteries dream has a dirty nickel problem | Brookings
WIN has sulfide deposits.
EU battery passport regulation requirements (circularise.com)
Indonesia: Huge Nickel Project Driving Climate, Rights, Environmental Harms - Climate Rights International (cri.org)
But the comment from Steve says it all.
But, there could be light at the end of the tunnel.
Nickel shortage in Indonesia: smelters facing problems (steelnews.biz)
Indonesia's nickel policy looks fragile | Reuters
Chinese nickel miners in Indonesia face threat from falling prices - Nikkei Asia
Nickel investments in Indonesia may slow on falling prices, geopolitical risk | 2024 preview - Fastmarkets
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