After conquering nickel, Indonesia sets its sights on aluminium
Analysts fear Chinese-funded build-up of smelters will lead to oversupply
Analysts fear Chinese-funded build-up of smelters will lead to oversupply

South-east Asian country cuts quotas in bid to drive up prices

Transaction has attracted criticism from groups that say it will reinforce Beijing’s control of critical metals market

Swiss trading house’s move to take 25% stake in aluminium plant in Indonesia marks shift into asset ownership

Albanese government considers price floors to develop supply chain

Shortages have left bloc’s recycling industry fighting for survival

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