Title: A Year in Review: Indonesian Mining
Duration: 45 minutes
This year was earmarked as an important one for the Indonesian mining industry. The government implemented the country's latest ban on nickel ore exports, as part of its long-term plan to expand the country's downstream metal production sector, which would in turn support the domestic economy through high-value exports. Despite government estimates that the COVID-19 pandemic would cause $3.7 billion worth of metal smelting projects to be delayed until 2021, Indonesia's primary nickel output is projected to increase strongly this year in response to the ore export ban. Stainless steel exports are also set to surge by over 350% year over year, based on the latest Panjiva trade data. The pandemic, however, is expected to cause the Indonesian economy to contract for the first time in 20 years this year.
Join us as we discuss the performance of the Indonesian mining sector and economy in 2020 amid the COVID-19 pandemic and provide insights on their future outlooks.
Key agenda items include: