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Nickel

Two-third of the global nickel gathering is being used for the production of rustless steel, which is used for construction, pipelines, machines, bridges, cars and so on. Besides that, nickel is used for batteries, coins and catalysts.

The global demand for nickels is growing fast. But like other minerals commodities, the worldwide uncomplicated available stock of nickel is declining. New nickel mines are now often created in rural areas, who are due their location often part of the most valuable ecosystems on earth. The development of these nickelmines, which is coupled with the pollution of the air, water and ground, does not only threaten the biodiversity in these areas but the existing possibilities for the local communities as well.

 

Profundo researches the financing of the nickel mines and tries to get insight in the trade and processing chains. Profundo also consults the social organizations and the possibilities to influence this sector.

projects

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Financing of the Ramu Nickel joint venture
Profundo researched the financing of the controversial Ramu nickel mine, which is majority-owned by a consortium of Chinese companies. Chinese financial institutions have provided the bulk of the finance for the project, in the form of a project finance facility and participation in share-and bond issuances.
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Involvement of German banks in the Philippine mining sector

An overview of how German banks - both public and private - are involved in financing the exploration and production of mining in the Philippines during the past five years. This involvement can be either direct, through the financing of specific mining projects, or indirect, through corporate financing of foreign mining companies that are active in the Philippines.

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Sector trends in Chinese overseas investments
Chinese foreign direct investment (FDI) has rapidly increased in importance since 2000, when China officially initiated a "go global" strategy. Starting from virtually no FDI in 1979, the initial year of China's open door policy, China has accumulated over US$ 90 billion of FDI. The objective of this report is to provide an overview of the volume of Chinese foreign investments in 22 countries in Africa, Latin America and South East Asia, in the oil & gas, mining, forestry, palm oil and infrastructure sectors

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Controversial projects financed by Chinese banks
Study on the financing by Chinese banks of companies which are seriously polluting the environment or which are involved in violations of human rights.
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Buyers and financiers of new Indonesian mines
Research on the possibilities to stop the development of new Indonesian gold and nickel mines in vulnerable nature reserves, by putting pressure on (potential) financiers and buyers of the mines.
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Handbook Commodities for Indonesian NGOs

Handbook developed for Indonesian NGOs, with respect to breaking the 'commodity curse'

Indonesian title: Kutukan Komoditas - Panduan bagi ORNOP Indonesia

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