foreign media news on august 24: in indonesia, the world's largest nickel producer, nickel ore prices have risen by about 10% in recent weeks as a government investigation into mining quotas has disrupted nickel production. indonesia's attorney general's office (ago) launched an investigation into illegal mining in june, leading to the arrest of a senior government official earlier this month and the disruption of operations at mandiodo, a key mine of state-owned miner aneka tambang. dozens of nickel smelters in indonesia are now rushing to stockpile ore, driving up prices for the material. a manager at a chinese-owned smelter said smelters were scrambling for ore and worried about a shortage of supplies, especially after big buyers raised prices. he added that many smelters do not have a lot of nickel ore in stock and if the current situation persists, it could see some smelters shutting n.
