Indonesia

Freeport-McMoRan delayed the full restart of its Grasberg copper mine in Indonesia to early 2028, with capacity ramping from 65% in H2 2026 to near full capacity by end-2027. This delay extends the timeline for copper supply increases from one of the world's largest mines, potentially tightening global copper markets critical for renewable energy and electric vehicle infrastructure.

Indonesia is hiking benchmark prices for nickel ore this week, forcing domestic nickel processors to cut output significantly. This price revision will tighten global nickel supply and increase costs for battery manufacturers and stainless steel producers who depend on Indonesian nickel exports.

BDx secured a $320 million loan facility to fund data center development in Indonesia, specifically for the CGK3 project. This matters to investors and supply chain analysts as Southeast Asian data center expansion drives demand for cooling systems, power infrastructure, and semiconductor components.