Archive · 31 Dec 2025

Indonesian Trader Arif Kurniawan Dominates Nickel Market

Indonesian Trader Arif Kurniawan Dominates Nickel Market

Arif Kurniawan, known as 'Mr 28,' is a powerful but reclusive figure in Indonesia's nickel industry.

He started as a trader at Glencore and now controls about a third of Indonesia's nickel ore trade.

Indonesia has become a major player in the global nickel market due to its vast deposits and technological advancements.

Kurniawan's success is tied to his ability to navigate the complex and rapidly changing regulations in Indonesia's nickel sector.

He has built strong relationships with both local miners and international companies, particularly Chinese firms.

However, his future in the industry may be affected by the new president's policies and the shifting political landscape.

Sources