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Latest deep reports

WA-2026-07-12 · JUL 12 2026 · Equity desk

PSE Nickel Equity Desk · Five Miners, One Corridor

A trading-terminal read on the Philippine Stock Exchange's five listed nickel plays — NIKL, FNI, MARC, ORE and NI. Two winners riding the H1 ore surge (NIKL +57%, FNI +115%), one dividend fortress (MARC 18% yield), one melting cash-burn story (ORE) and one ₱400M shell trading like an option. Includes 52-week snapshots, full company files, sector context, an interactive corridor map of 16 producing mines, and two international-media video pieces on Philippine nickel.

NIKL YTD +57% FNI YTD +115% MARC yield 18% Mines mapped 16
Philippines · Equity · PSE · Deep report Read the desk
WA-2026-07-11 · JUL 11 2026 · Deep report

Nickel-Free Shock · Datang EV vs Indonesia's Nickel Gambit

A full-size 7-seater BEV shipped with zero nickel and zero cobalt — while Jakarta's RKAB tap turns from cut back to a de-facto flood. LMFP substitution, RKAB reversal, pricing-power shift. Two forces converge at LME 16,300. Six-panel board: overview, the Datang event, battery deep-dive with 4 photos + English video tour, LME & cost curve, corridor map, outlook.

Datang orders 150K / 53d LFP install 82% LME 6M low $16,300 RKAB 2026 ~280 Mt
Indonesia · China · Batteries · Deep report Read the analysis
WA-2026-07-10 · JUL 9 2026 · Deep report

Indonesia, Singapore · Inside and Outside Policy Change

Two geographies — one operating system. Jakarta rewrites the customs, quota, benchmark, FX and export-monopoly rules from the inside (KMK 32, RKAB, HPM, DHE, BUMN via PT.DSI); Singapore reshapes from profit funnel into a compliance-and-finance layer on the outside.

Global share ~70% KMK 32 2026.06 BUMN D-day 2027.01 HS mismatch +2% MFN
Indonesia · Singapore · Policy · Deep report Read the analysis
WA-2026-07-09 · JUL 8 2026 · Deep report

Indonesia Nickel 1940–2026 · From Mine to Permit

An 86-year chronicle of Indonesia's nickel story and the mine-vs-mining-rights game at its core. Six-panel board: dashboard, chronicle, geography, market data, players & rights, fishbone. From Dutch-era Sulawesi concessions to the 2020 ore ban, RKEF cost revolution, HPAL wet-process plants, and the 2025–26 RKAB quota shock — read as one board across ore grade, quotas, ownership and geography.

Global share >60% RKAB 2026 −30% Avg grade 1.57% Smelter parks 6+
Indonesia · History · Permits · Deep report Read the analysis
WA-2026-07-08 · JUL 7 2026 · Deep report

Nickel Supply Chain · 2026 H1 Deep Report

A four-panel decision brief on the Philippines–China–Indonesia nickel triangle. 31.6Mt of PH ore in H1 (+29% YoY), 70% to China and 30% to Indonesia; RKAB tightened to 260Mt; mid-high grade (65%, +33%) is the elastic layer. Grade→steel→destination flow, interactive Leaflet maps of PH mining regions, CN import ports and ID discharge points, plus the H1 chronicle from the Hormuz shock to the April HPM reset.

PH exports 3,159 kt To China 70% To Indonesia +56.8% RKAB 260 Mt
Philippines · China · Indonesia · Deep report Read the analysis
WA-2026-07-07 · JUL 6 2026 · Investigative report

Policy Winter: Chinese Mining Enterprises in Indonesia's Nickel Sector

An investigative account of the 2025–2026 regulatory reset that reshaped Chinese-backed nickel operations in Indonesia — RKAB quota cuts, the HPM royalty overhaul, the Danantara/DSI export monopoly, the Delong bankruptcy, GNI's PKPU filing, and Weda Bay layoffs — with a live, verified-record equity dashboard across eight listed producers.

RKAB quota −30% Royalty (HPM) 17→30% GNI PKPU 19 Jun 2026 LME nickel +37%
Indonesia · Policy · Investigative report Read the analysis
WA-2026-07-06 · JUL 6 2026 · Photo album

China Nickel Capital: Jinchuan Old Photos

A book-style photo album of 79 archival plates from the 1995 commemorative Records of Jinchuan Non-Ferrous Metals Company — leaders' visits, pioneering mining years, smelting, honors, and the maps of Jinchang. Page-turn reader with full English table of contents.

Leaves 79 Nickel share 88%+ Founded 1959 Publisher Gansu People's
China · Documentary · Photo album Read the analysis
WA-2026-07-05 · JUL 5 2026 · 9 min read

China's Nickel Foundry: Vice Premier Fang Yi and Jinchuan

From a single green stone found in the frozen Gobi of 1958 to one of the world's foremost nickel producers — the founding history of the Jinchuan base and the statesman-scientist whose eight working journeys turned potential into an industrial titan.

Founded 1958 Ni-Cu body 3rd largest Nickel output 330,000 t/yr
China · Documentary · Founding history Read the analysis
WA-2026-07-04 · JUL 5 2026 · 12 min read

Philippines · Red Earth, Hard Limits

Environment and human rights in Philippine nickel. From the 2016 DENR audit that shut 27 mines to the 2024 killing of a village leader who testified against a nickel firm — how ground-level red lines have become the real ceiling on the country's value-chain ambition.

Mines closed 2016 27 Output swing −28.5% Forest overlap 25% HPAL plants · PH 2 Caraga ore → China 92%
Philippines · Policy · ESG Read the analysis
WA-2026-07-03 · JUL 5 2026 · 10 min read

Nickel Asia: Philippine Nickel Resilience

From an accidental ore discovery on the Rio Tuba river in 1969 to the Philippines' largest lateritic-nickel producer — a half-century company portrait of the listed multi-resource group behind Rio Tuba, Taganito, Hinatuan and Cagdianao, now pivoting to a 1 GW renewable ambition by 2028.

Net income 2025 ₱6.27B Revenue 2025 ₱28.5B Ore sold 18.6M WMT Renewable 2028 1 GW Listed 2010 PSE
Philippines · Company portrait · Laterite Read the analysis
WA-2026-07-02 · JUL 5 2026 · 9 min read

The Furnaces Were Already Burning · Indonesia

Indonesia's nickel-processing industry was not built from zero by Chinese capital. It was inherited from a Western–state duopoly that had run for three decades, then rebuilt to a global cost limit. A correction to the founding myth — and what it reveals about the real shape of Chinese industrial competitiveness.

Ore 3–4 → 215 Mt Metal ~100 kt → 2.2 Mt Smelters 2 → 60+ Global share 60%+ Since 1901
Indonesia · Laterite · Industrial policy Read the analysis
WA-2026-07-01 · JUL 4 2026 · 8 min read

Indonesia's Nickel Policy Shock and the Equity · Currency · Credit Triple-Kill

How discretionary intervention in nickel-mining policy — RKAB quota compression, HPM benchmark hikes, and royalty ceiling lifts — pulled the trigger on a self-reinforcing negative-feedback loop across JCI, rupiah, and LME nickel. Composite dashboard + cause→effect timeline, Jan 1 – Jul 3 2026.

JCI −37% USD/IDR 18,190 LME Ni peak $19,430 RKAB −31.4% HPM 1.2% +130.8%
Indonesia · Nickel policy · Markets Read the analysis
NEXT ISSUE
WA-2026-08-01 · Coming soon

Next analysis in preparation

A new composite analysis publishes here on a rolling basis. Bookmark this page or share the top-level link — nickelcorridor.com/insights — to be first to see the next one.

Reference number reserved In progress