Indonesia May Impose Nickel Export Tax This Year, President Jokowi Says
- Joko Widodo confirms in interview that levy being considered
- Country is world’s biggest exporter of the vital battery metal
This article is for subscribers only.
Indonesia may impose a tax on nickel exports this year, President Joko Widodo said, as the biggest producer of the electric-vehicle battery metal looks to refine more at home.
Jokowi, as the president is known, confirmed that Southeast Asia’s largest economy was considering introducing a levy in an interview with Bloomberg News Editor-in-Chief John Micklethwait in Jakarta on Thursday. That came after an Indonesian government official said early in 2022 that the country was studying a progressive tax on nickel pig iron and ferronickel.