It seems that this is why Indonesia needs so much democracy (looting) recently, haha,
Instead of the current situation when the government leveraged its natural resources for more value,
In order to strike a deal with the Chinese for the majority of refining to also be done back home.
(Basically banned exports of raw nickel ores, and instead required processing first in order to export).
(Great win-win cooperation with China in that, who was the only one fit to do business with those terms).
Westerners wouldn't want that, after all, they can't refine shit, they would only like to plunder.
And perhaps why the French went full-on 16th and 17th-century style colonialism (sent military, withdrew free speech, cut their access to the outside world, on indigenous people, etc). New Caledonia (nearly 17.000 km away from France) has the 3-4th highest nickel production in the world, for example. But more importantly, it is one of the rarest sources of nickel needed for new energy that it's in the West's direct control.