The Zhitong Finance App learned that nickel prices hit their highest level in nine months, boosted by plans to cut supply in Indonesia, the world's largest producer. As of press release, LME nickel futures rose more than 5% to $16600.88 per ton. According to reports, Indonesia's Minister of Energy and Mineral Resources Bahlil Lahadalia said that in order to better match supply and demand, nickel production will be reduced in 2026.

The Zhitong Finance App learned that nickel prices hit their highest level in nine months, boosted by plans to cut supply in Indonesia, the world's largest producer. As of press release, LME nickel futures rose more than 5% to $16600.88 per ton. According to reports, Indonesia's Minister of Energy and Mineral Resources Bahlil Lahadalia said that in order to better match supply and demand, nickel production will be reduced in 2026.