China’s current energy crisis can be traced back in part to a legal amendment targeting miners that garnered little notice when it went into effect in March.
Indonesia’s EV ambitions, growing nickel mining dominance (echoes of Congo-cobalt) and new export rules are as disruptive as its 2014 ore ban – and good news for producers elsewhere.
Large players will likely benefit, Fitch says, from being able to rely on stronger investment capacity, while junior miners may struggle to adapt to the low carbon economy.