Once more, the Indonesian government has issued a caution regarding the decline of nickel reserves within the nation, urging for their conservation and the exploration of new deposits. Could the depletion of nickel reserves happen sooner than anticipated? Additionally, the recent US stock market surge could be attributed significantly to Donald Trump’s electoral triumph.

US Stock Markets Surge Following Election Outcome
Following the election of Donald Trump as the new president, US stock market indices have witnessed substantial growth up to the previous week's Friday. The Dow Jones Industrial Average (DJI) surged by 4.2%, the S&P 500 increased by 3.9%, and the NASDAQ Composite saw a rise of over 4.6%. Notably, the US Small Cap 2000 spearheaded the market upswing with an impressive gain of nearly 7%, serving as a benchmark for the performance of smaller US-based companies.

Reiterated Warnings on Diminishing Indonesian Nickel Resources
In the recent past, the Indonesian Directorate General of Minerals and Coal (ESDM) reiterated concerns regarding the dwindling nickel reserves in the country, highlighting the critical need for extensive exploration to uncover new nickel and other raw material deposits. Failure to do so could jeopardize the government's downstream program.

Running Out of Nickel: The Unnoticed Depletion of Resources
It is important to note that we raised substantial concerns on April 26, 2022, about the exhaustion of Indonesian nickel reserves and emphasized similar challenges faced by significant global nickel deposits.

Initial Alerts Issued as Early as May 2022
Consequently, on May 12, 2022, the Indonesian government acknowledged the finite nature of the nation’s once seemingly infinite nickel reserves. It was revealed that the high-grade nickel reserves could be depleted by 2031, while the low-grade reserves might run out by 2036.

Lack of a Nickel Strategy by the Indonesian Government?
The aggressive mining practices in Indonesia have accelerated the depletion of nickel reserves. Efforts to restrain overexploitation have been ongoing, yet warnings about the imminent exhaustion of Indonesian nickel reserves have escalated significantly.

In light of the projections by purported price forecasters, one is compelled to ponder the underlying motivations driving the dissemination of such information.