Why Indonesia Matters, and What We Are Building at Nusa Nickel

Indonesia dominates global nickel production, accounting for 60-65% of supply in 2024 and hosting approximately 65 operating RKEF smelters and 12 HPAL facilities as of October 2025. The country represents far more than mining. It encompasses processing, logistics, and market access concentrated at industrial scale.

Nusa Nickel is building its Nickel Island Project approximately 170 kilometers from the Indonesia Morowali Industrial Park, which hosts 14 nickel smelters and more than 50 supporting industrial companies. Ore travels roughly 10 kilometers by road to a jetty for shipment, giving the company direct access into one of the world's most active nickel corridors.

Three Channels, One Supply Chain

The company's strategy spans three channels: production, domestic trading through its subsidiary PT Nusa Niaga Corp (which holds a secured IPP Nickel Traders License), and international brokering of intermediate products. This positions Nusa Nickel across multiple parts of the ore supply chain, rather than relying on a single point of revenue.

How Indonesia's Nickel Market Works

Indonesia's nickel market follows a defined sequence. Producers mine and prepare ore. Traders move material into the domestic processing network. Smelters and processors convert feedstock into higher-value products including Nickel Pig Iron, Matte, and Mixed Hydroxide Precipitate. Smelters frequently pay premiums above Indonesia's HPM benchmark to secure consistent ore supply.

This dual producer-trader positioning gives Nusa Nickel access to mining margins, domestic trading margins, and diversified participation in ore movement throughout Indonesia's nickel system, a structure designed to capture value at more than one stage of the supply chain.