Nickel falls to $16,550, lowest since July, on Indonesian supply outlook

Verifying
  • Weda Bay Nickel restarted mining after four months, potentially restoring Indonesian ore supply.
  • $16,550 per tonne marked nickel’s lowest level since July.
  • Indonesia’s 2026 quota was set at 250–260 million wet tonnes, below 2025’s 379 million tonnes.
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