Indonesia running out of low-grade nickel ore7 June 2023 – Indonesia is now also officially running out of nickel stocks. The government is apparently already discussing the possibilities of taking action against low-grade nickel smelters. The EU falls far short of its own green steel standards and is not making progress on renewable energy and green hydrogen. China continues to need large quantities of high-grade nickel. And labour costs soon to be biggest cost factor for mining industry. Source