JAKARTA/TOKYO -- From Germany-based BASF to Japan's Sumitomo Metal Mining, overseas companies are rushing to set up nickel-processing facilities in Indonesia as the country bans exports of raw ore.
BASF and Sumitomo Metal Mining tap world's largest reserves amid ore export ban
A worker at a nickel processing plant: Indonesia has banned the export of nickel ore to encourage companies to process the metal domestically instead. © Reuters
JAKARTA/TOKYO -- From Germany-based BASF to Japan's Sumitomo Metal Mining, overseas companies are rushing to set up nickel-processing facilities in Indonesia as the country bans exports of raw ore.