Indonesia nickel hub to cut output on El Niño-driven drought

Annie Lee & Alfred Cang / Bloomberg09-22 08:10

Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment.(Sept 22): Smelters at a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2669203961?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-22 08:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2669203961","market":"nz","top_or_hot":-1,"title":"Indonesia nickel hub to cut output on El Niño-driven drought","media":"Annie Lee & Alfred Cang / Bloomberg","content":"<div>\n<p>Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment.(Sept 22): Smelters at a ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/commodities/indonesia-nickel-hub-cut-output-el-nio-driven-drought?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indonesia nickel hub to cut output on El Niño-driven drought</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndonesia nickel hub to cut output on El Niño-driven drought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-22 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/commodities/indonesia-nickel-hub-cut-output-el-nio-driven-drought?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Annie Lee & Alfred Cang / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment.(Sept 22): Smelters at a ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/commodities/indonesia-nickel-hub-cut-output-el-nio-driven-drought?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡马锡持仓","start_time":0,"source_url":"https://www.theedgesingapore.com/news/commodities/indonesia-nickel-hub-cut-output-el-nio-driven-drought?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2669203961","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/commodities/indonesia-nickel-hub-cut-output-el-nio-driven-drought?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2669203961","pubTimestamp":1790035856,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","MOO":"农业指数ETF-Market Vectors","XME":"金属与采矿指数ETF-SPDR","RJA":"农业指数ETF-ELEMENTS","NIKL":"SPROTT NICKEL MINERS ETF"},"translate_title":"印度尼西亚镍中心将因厄尔尼诺现象引发的干旱而减产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MOO":1.5,"NIKL":1.5,"XME":1.5,"RJA":1.5},"content_text":"Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment.(Sept 22): Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment, according to people familiar with the matter.\nIndonesia's Morowali Industrial Park, a vast compound of plants on the island of Sulawesi, informed companies over the weekend that they have to reduce production of nickel pig iron - a raw material used to make stainless steel - due to the water shortage, said the people, asking not to be named as they are not authorised to speak to media. \nThe volumes affected by the latest cut could be around 100,000 tonnes of NPI production, some of the people said. That compares with an installed annual capacity of about 4.2 million tonnes, or 350,000 tonnes a month, based on an estimate from Wood Mackenzie Ltd.\nThe reduction could help arrest a slide in nickel prices, which have declined around 18% on the London Metal Exchange from a high in early May. LME nickel rose as much as 1.1% on Tuesday after the news. \nIndonesia is the world's biggest producer of nickel, also used in electric vehicle batteries, accounting for more than half of global output, much of which is processed at industrial parks like Morowali. IMIP, majority owned by Chinese nickel giant Tsingshan Holding Group Co and also hosting many tenant firms, warned earlier this month that production could be cut by 30% to 40% if the water situation didn't improve. \nAn IMIP representative and Tsingshan officials didn't respond to requests for comment. \nMorowali's problems show how the strengthening El Niño weather pattern is rippling through the global economy. Indonesia is already battling forest fires and choking haze, which have spread to other parts of Southeast Asia, due to the unusually dry weather that the weather pattern brings to the country.\nUploaded by Arion Yeow","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2669203961","isCrawlerRequest":true}