NICKEL
A little-known Australian company is becoming the Western face of a Chinese nickel behemoth.
In under a decade, Nickel Industries has gone from a relatively small miner to the world’s sixth-biggest producer of a metal used in products from batteries to stainless steel. Riding a Chinese-led boom in Indonesia’s nickel sector, it owns or has stakes in five plants in the country that churn out more of the commodity than household names like BHP Group.
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