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The nickel sector in New Caledonia is experiencing a potential recovery with state support announced in late January. The Sud Lait Nickel (SLN) aims to regain productivity by 2030, while discussions continue for a potential buyer for the KNS factory.

The government plans to provide emergency loans and subsidies to support the transition to renewable energy, including a pumped energy storage station to lower industrial electricity costs. Prime Minister Sébastien Lecornu announced funding for infrastructure to decarbonize the energy mix.

Global nickel prices have slightly increased, but overproduction and lower demand pose challenges. Indonesia, the world's leading nickel producer, aims to produce greener nickel and reduce foreign investment dependency.