However, Chinese companies own approximately 40% of the production of mined nickel in Indonesia. They are also the shareholders of 75 of Indonesia’s 357 nickel mining, recycling and processing projects, according to China-Global South Project data.Home to two of the world’s five largest reserves of the metal, Sorowako and Weda Bay, the country is the world’s biggest producer of nickel, with 42.3% of global reserves. Australian mining companies have long eyed Indonesia’s nickel reserves, supported by the gov ...