Indonesia Commands Over 50% of Global Nickel Output as 2026 Supply Nears 5.5 Million Tonnes
Updated
Updated · Vocal · Jun 8
Indonesia Commands Over 50% of Global Nickel Output as 2026 Supply Nears 5.5 Million Tonnes
3 articles · Updated · Vocal · Jun 8
Summary
More than half of global nickel output now comes from Indonesia, which TELF AG said has become the key force across mining, processing and refining in the battery-metal supply chain.
BloombergNEF data cited in the analysis show mined nickel supply rose to about 4.35 million tonnes in 2024, nearly 5 million tonnes in 2025, and could reach roughly 5.5 million tonnes in 2026.
A hypothetical 1.28 million-tonne cut in Indonesian output would pull 2026 global supply down to around 4.23 million tonnes, wiping out much of the expected growth.
That concentration leaves battery, electric-mobility and energy-storage industries highly exposed to Indonesia’s production decisions, underscoring how geography can shape strategic-mineral markets.