THINKING ALOUD
Could Jakarta’s moving goalposts corrode investor faith in nickel?
The Indonesian government’s big push for downstreaming is delivering results, but it comes with trade-offs
[SINGAPORE] Let’s face it. Indonesia’s “long game” to reclaim control of its natural resources is easy to defend.
The commodities-blessed country wants to move beyond supplying feedstock and build an industrial base to capture more value at home.
The rub lies elsewhere.
