Indonesia to Tap Unexplored Nickel Reserves

Indonesia still reportedly has several nickel greenfield areas across the country’s eastern regions, including Southeast Sulawesi, Central Sulawesi, South Sulawesi, Maluku, North Maluku, Papua, and West Papua.

Ibeth Nurbaiti

8 Nov 2023 - 19.16
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Indonesia to Tap Unexplored Nickel Reserves

Illustration - A nickel smelter factory./Bisnis-Nurul Hidayat.

Bisnis, JAKARTA — Indonesia may see an opportunity to increase the lifespan and reserves of nickel, as the country still has several unexplored nickel greenfield regions.

Indonesia's nickel reserves contain the world’s largest nickel reserves, up to 23% of global reserves. Overall, Indonesia is believed to possess nickel resources amounting to 17.7 billion tons of ore and 177.8 million tons of metal, with reserves of 5.2 billion tons of nickel ore and 57 million tons of metal.

Indonesia still reportedly has several unexplored (greenfield) nickel reserves across the country’s eastern regions, including Southeast Sulawesi, Central Sulawesi, South Sulawesi, Maluku, North Maluku, Papua, and West Papua.

With abundant nickel reserves, high-grade nickel (saprolite) at 3.5 billion tons and low-grade nickel (limonite) at 1.5 billion tons, investors seeking to invest in nickel are eyeing Indonesia. However, without ongoing exploration activities, the current nickel reserves are estimated to be depleted soon.

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Indonesia to Tap Unexplored Nickel Reserves

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