According to GlobalData, Indonesia is the world’s largest producer of nickel in 2023, with output up by 21% on 2022. Over the five years to 2022, production from Indonesia increased by a CAGR of 24% and is expected to rise by a CAGR of 13% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2030 report. Buy the report here.

Indonesia accounts for 51% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia.

Leading producers of nickel in Indonesia are Vale, Sumitomo Metal Mining, PT ANTAM (Persero) and Eramet. During 2020-2021, Vale's output was up by 7%, Sumitomo Metal Mining's output decreased by 5%, while output from PT ANTAM (Persero) decreased by 6%.

For more detailed analysis of global nickel mining, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.