Indonesian tax will shake up the nickel export mix again

I thought this here was in interesting article:
https://www.reuters.com/markets/commodities/indonesian-tax-will-shake-up-nickel-export-mix-again-2022-08-04/

I don't think this is an issue for NIC because I think the NPI is hot charged directly into the Steel plants.

"The Indonesian government is now planning to tax exports of both products to stimulate more investment in domestic stainless steel capacity.

However, as stainless and battery nickel processing streams start to converge, it is equally likely the tax will tilt the Indonesian product mix further towards nickel as a battery input."

"There is also an ongoing parliamentary review into capping the number of NPI and ferronickel plants operating in the country. There are currently 16 but that number is forecast to rise to 29 in five years, according to mining ministry data."

This is very interesting - if they do cap the amount NIC will be in a strong position because they will have a good percentage of these structures. It gives NIC a strong monopoly with Tshingshan on the plant number. If demand goes up supply will have been artificially kept back by this policy.

These are just thoughts, but could be interesting if implemented.

Any thoughts?