Hyperdrive
Deadly Landslide in Indonesia’s Nickel Hub Signals Supply Risk
This article is for subscribers only.
A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply.
Two workers were killed and one was left missing after the accident at the Indonesia Morowali Industrial Park on Sulawesi island last month. The incident occurred in a tailings area affiliated with Chinese producer PT QMB New Energy Materials Co. Ltd, and has forced the factory to halt almost all production, according to traders with knowledge of the situation.