Nickel prices are rising following reports of possible production cuts in Indonesia. Concerns about nickel supply have been raised by reports of plans by Chinese producers including Qingshan Group, GEM, Lygend Resources and Technology and Huayu Cobalt to reduce output of some products, including concentrates and alloys, by 20-50% at their Indonesian operations by the end of 2026.

Nickel prices are rising following reports of possible production cuts in Indonesia. Concerns about nickel supply have been raised by reports of plans by Chinese producers including Qingshan Group, GEM, Lygend Resources and Technology and Huayu Cobalt to reduce output of some products, including concentrates and alloys, by 20-50% at their Indonesian operations by the end of 2026.