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Availability of Indonesian nickel reserves and efforts to improve reserves resistance and its impact to economic growth

Author

Listed:
  • Dwi Nugroho Sunuhadi

    (National Research and Innovation Agency)

  • Ernowo

    (National Research and Innovation Agency)

  • Prima Muharam Hilman

    (Ministry of Energy and Mineral Resources)

  • Triswan Suseno

    (Research Center for Mining Technology Research, National Research and Innovation Agency)

Abstract

There is a growing trend towards utilizing nickel as a raw material for non-steel products due to the increasing demand for nickel up to 2040. Data shows that global nickel production and reserves will increase until 2021. As one of the countries with the largest reserves in the world, this country contributes significantly to global nickel production. This paper will discuss Indonesia's nickel resources, reserves and production related to the distribution of locations, number of resources, number of reserves, grade, sustainability of reserves and their impact on the economy as well as efforts to maintain this sustainability. Previous articles only presented data on Indonesia's nickel reserves and production and an overview of global nickel. The data on nickel resources and reserves come from the 2021 inventory by the Geological Agency, which covers ore resources and reserves and their grades across several classifications. If there is no new data on reserve deposits or planned production rates, it is estimated that the ore reserves with nickel grades ≥ 1.7% will be depleted by 2036, while the ore reserves with Ni grades

Suggested Citation

  • Dwi Nugroho Sunuhadi & Ernowo & Prima Muharam Hilman & Triswan Suseno, 2024. "Availability of Indonesian nickel reserves and efforts to improve reserves resistance and its impact to economic growth," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 37(3), pages 601-617, September.
    • Handle: RePEc:spr:minecn:v:37:y:2024:i:3:d:10.1007_s13563-024-00443-0
    DOI: 10.1007/s13563-024-00443-0
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