Market rumors say Indonesia may relax annual nickel mining quotas (RKAB) in H2; the energy and mineral resources ministry (ESDM) and local media have not confirmed. Unnamed sources say the government could adjust the total annual mining quota mid-year and some miners plan to file for additional quota applications early next month. If enacted, the move would likely ease feedstock tightness for domestic smelters but could exert downward pressure on global nickel prices; the proposal remains highly

Chinese Politburo member and director of the Central Foreign Affairs Office Wang Yi met UAE Supreme National Security Council secretary al-Shamsi in New Delhi on the 23rd and said China and Arab states have maintained close communication since the US‑Israel‑Iran hostilities began. He urged a swift end to the fighting and set out three priorities: insist on a permanent, comprehensive ceasefire and implement the recently signed memorandum of understanding; restore normal navigation through the Strait of Hormuz as soon as possible to reopen the region’s development lifeline; and rebuild mutual trust among regional states and explore a new regional security architecture adapted to current conditions. Wang said the Middle East should not become an arena for great‑power rivalry and that China will continue to support the UAE’s constructive role in promoting long‑term regional stability.

巴西央行：通胀风险上行的压力加大。