Indonesia, the World's Largest Nickel Resource Country

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Adi Ahdiat 06/11/2023 13:40 WIB

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According to the Nickel Institute, global nickel resources totaled approximately 320 million tonnes in 2022, with around 45 million tonnes, or 14%, located in Indonesia.

Global Nickel Resource Distribution by Type (2022)

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Indonesia, the World's Largest Nickel Resource Country

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Global Nickel Resource Distribution by Type (2022)

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According to data compiled by the Nickel Institute, total global nickel resources reached approximately 320.5 million tons in 2022.

Approximately 50.1% of global nickel resources are in the form of lateritic deposits, 38.7% in sulfide deposits, and 11.2% in other forms.

The figure for resources indicates the concentration or presence of material in the earth's crust/interior that has economic value, in a specific form, grade, quality, and quantity, and *has the prospect of being economically extracted*.

When a resource is believed to be truly extractable, its status changes to reserves.

"The 'reserve' status implies an increase in knowledge and confidence (regarding the presence of resources). Mining companies continuously convert resources into reserves through exploration," said the Nickel Institute on its official website.

Global nickel resources are recorded as being most abundant in Indonesia.

According to the Nickel Institute, in 2022 Indonesia's nickel resources reached 45.98 million tons, all of which are lateritic deposits.

Indonesia's nickel resources represent 28.6% of the world's total lateritic deposits, or 14.3% of total global nickel resources.

Besides Indonesia, other countries recorded as having significant nickel resources include Russia, South Africa, Canada, the Philippines, Brazil, Cuba, Australia, New Caledonia, the United States, and China, with details as shown in the graph.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia, the World's Largest Nickel Resource Country

Indonesia, the World's Largest Nickel Resource Country

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Indonesia, the World's Largest Nickel Resource Country

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