Chinese Mining Giants Face Challenges as Indonesia Tightens Resource Nationalism
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By Wensimin and Luo Guoping Published: Jun. 18, 2026 2:41 p.m. GMT+8
Summary
Indonesia under President Prabowo Subianto is accelerating resource nationalism policies, centralizing control over critical minerals to demand a larger share of global supply chain profits. Chinese enterprises that helped build Indonesia into the world's premier nickel hub are most affected, but find themselves too deeply invested to walk away despite slumping commodity markets and the nationalist surge.
Source
Twitter / XChinese Mining Giants Face Challenges as Indonesia Tightens Resource Nationalismcaixinglobal.comKey quotes
· 4 pulledIndonesia is aggressively accelerating its pivot toward resource nationalism under President Prabowo Subianto, leveraging its wealth of critical minerals to demand a larger share of global supply chain profits.
Jakarta has rolled out centralized control policies aimed at reclaiming state authority and redistributing resource wealth, sending shockwaves through the country's mining and energy sectors.
Chinese enterprises, which have spent the last decade helping Indonesia become the world's premier nickel hub, bear the heaviest brunt of this nationalist drive.
Squeezed by slumping global commodity markets and a surge in resource nationalism, companies have found that they are too invested to walk away.
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