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World's Biggest Nickel Mine in Indonesia Told to Slash Output | The Pulse 2/11/2026
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February 11, 2026
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48:03Now PlayingThe world's biggest nickel mine in Indonesia has been told to drastically cut output, as the country seeks to boost global prices of its biggest export commodity. Bloomberg understands that PT Weda Bay Nickel has been notified it will receive 12 million tons of ore production quota this year, down from 42 million tons in 2025. The company says it intends to apply for a revision. Nickel climbed last month after Indonesia flagged plans to cut mine output. The metal is used in both stainless steel and electric-vehicle batteries.
Today's guests: Nannette Hechler Fayd'herbe, Lombard Odier, EMEA CIO; Francisco Blanch, Bank of America, Head of Global Commodities & Derivatives Research
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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