Bloomberg Originals | The Dirty, Deadly Side of China's Overseas Nickel Industry @business | Uploaded 3 months ago | Updated 4 hours ago
Nickel is a critical component of the batteries that power electric cars, and Indonesia has become a global giant in producing the mineral. But there is a dirty and sometimes deadly secret behind this success story. Environmentalists accuse Indonesia's nickel industry of flouting regulations intended to protect ecologically sensitive islands, and fatal accidents at Chinese-owned mining facilities are not uncommon. Bloomberg News looks into how a key part of the green transition is coming with such a high price.
Read more about The Deadly Mining Complex Powering the EV Revolution on Bloomberg: bloomberg.com/features/2024-indonesia-sulawesi-nickel-fire/?srnd=homepage-asia&sref=zU1fOhDr?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
00:00 - 1:20 Introduction
01:21 - 02:38 Indonesia’s nickel industry
02:39 - 03:05 Impact on the local economy
03:06- 05:17 What are the environmental and health concerns?
05:18- 08:26 Documenting unsafe conditions for workers
08:27-10:39 Worker protests and complaints
10:40 Indonesia’s support for nickel downstreaming industry
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Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
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Nickel is a critical component of the batteries that power electric cars, and Indonesia has become a global giant in producing the mineral. But there is a dirty and sometimes deadly secret behind this success story. Environmentalists accuse Indonesia's nickel industry of flouting regulations intended to protect ecologically sensitive islands, and fatal accidents at Chinese-owned mining facilities are not uncommon. Bloomberg News looks into how a key part of the green transition is coming with such a high price.
Read more about The Deadly Mining Complex Powering the EV Revolution on Bloomberg: bloomberg.com/features/2024-indonesia-sulawesi-nickel-fire/?srnd=homepage-asia&sref=zU1fOhDr?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
00:00 - 1:20 Introduction
01:21 - 02:38 Indonesia’s nickel industry
02:39 - 03:05 Impact on the local economy
03:06- 05:17 What are the environmental and health concerns?
05:18- 08:26 Documenting unsafe conditions for workers
08:27-10:39 Worker protests and complaints
10:40 Indonesia’s support for nickel downstreaming industry
--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
