The metal used in stainless steel and electric vehicle batteries posted an annual drop of 45% on the London Metal Exchange, the biggest decline since 2008.
Physical operations will present the biggest challenge to companies at the beginning of 2024 with the ongoing conflict in the Middle East coupled with climate issues disrupting shipping networks.
The workers’ main demand is “for the companies to comply with occupational health and safety” laws, said Katsaing, the Serikat Pekerja Indonesia Sejahtera (SPIS) workers’ union chairman.