Nickel is a key Indonesian resource with significant downstreaming potential, yet domestic utilization has been historically low due to extensive raw ore exports, limiting feedstock supply. This study analyzes the macroeconomic and industrial performance impacts of a nickel ore export ban using a Computable General Equilibrium (CGE) model. The findings indicate the ban must be coupled with policies stimulating investment in downstream processing to ensure optimal production utilization; otherwise, the policy risks detrimental outcomes for the manufacturing sector and the national economy.
