Nickel price jumps as Indonesia slashes quota at world’s biggest mine
South-east Asian country cuts quotas in bid to drive up prices
South-east Asian country cuts quotas in bid to drive up prices

Analysts fear Chinese-funded build-up of smelters will lead to oversupply

Washington believes Jakarta is reneging on terms of agreement signed in July

Government unveils measures aimed at improving liquidity following downgrade warnings from index compiler MSCI

Also in this newsletter, mining conglomerate Vedanta heads for demerger

Jakarta’s rejection of coercive clauses challenges effort by Donald Trump to counter Chinese influence in south-east Asia

Analysts expect demand for industrial metal to outstrip mined supply by 2030s