CAN CHINA AND INDONESIA’S STRONG FINANCIAL TIES WITHSTAND ‘RESOURCE NATIONALISM’?

Back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made a quiet bet on uncharted territory: Indonesia. The company was on a quest: to secure nickel, a vital industrial metal used in stainless steel production and, increasingly, to power advanced batteries.

News - South China Morning Post reports that back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made a quiet bet on uncharted territory: Indonesia.

The report adds: The company was on a quest: to secure nickel, a vital industrial metal used in stainless steel production and, increasingly, to power advanced batteries.

This report is covered across the current DAMMNEWS feeds. Economic headlines can describe an immediate market move or a longer-term change. Readers should separate the reported number from forecasts, commentary and what happens next.

This is a developing report. DAMMNEWS will surface related coverage as closely matched reporting enters the live cache.

DAMMNEWS RSS BRIEFING — generated locally from the available News - South China Morning Post headline and RSS excerpt. It is not a summary of the full source article.