Leading producers of nickel in Indonesia are Vale, Sumitomo Metal Mining, PT ANTAM (Persero) and Eramet. During 2020-2021, Vale's output was up by 7%, Sumitomo …
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As Ernest says, the nickel story is an Indonesian story. In 2022, global production of nickel hit approximately 3.3 million tons. And fully half of that came from Indonesia.
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The approval of the Indonesian brand indicates increased competition for other producers of LME-deliverable nickel, as other local firms start converting Indonesia's low-grade ore into LME ...
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The ministry so far has issued approvals for quotas, known by the Indonesian acronym RKAB, for 145-million metric tons of nickel ore and 14-million tons of bauxite, said Tri Winarno, the Ministry ...
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Indonesia's high-grade 1.7% nickel ore is used mainly to produce nickel pig iron, a feedstock for stainless steel, with EV batteries using lower grade nickel.
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A nickel smelter in Morosi, Sulawesi, operates at night. Unions, a mining watchdog and other non-government organisations in Indonesia have been sounding the alarm on worker rights and safety ...
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Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb …
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Indonesia will keep in place a ban on the export of nickel ore even as it relaxes exports of some other minerals under revisions to its mining law, the director of minerals at the country's ...
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The government has banned the export of nickel ore since 2020. An investment cycle is kicking off in the Indonesian nickel space. S&P Global Ratings anticipates nickel miners and processors will raise significant capital over the next two to three years to leverage on surging demand for materials used in electric vehicles. ... Indonesia's ...
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Indonesia, a major producer of minerals such as nickel, tin, and copper, requires all mining companies to secure RKAB approvals periodically before they are allowed to conduct mining activities.
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The Indonesian government's policy to ban raw nickel ore exports from January ... The industry is now seen as a cornerstone of Indonesia's economic growth. The mining sector contributed 9.2 ...
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The outgoing head of state banned the export of raw nickel ore in 2020, drawing in billions of dollars worth of investment in plants to process it into more valuable products, spearheaded by ...
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Indonesia is home to 22% of the world's nickel reserves, and its ban on nickel ore exports since 2020 has caused major shifts in the supply chains of strategic products such as electric vehicles and rocket engines.
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Nickel ore has become an increasingly important part of Antam's operations with the miner producing 13.5 million wet metric tonnes last year, up from 1.7 million in 2019.
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The approval process for the quotas, known locally as RKAB, has been delayed this year, raising concerns from nickel smelters who are facing depleting ore stock. Indonesia, a major producer of minerals such as nickel, tin, and copper, requires all mining companies to secure RKAB approvals periodically before they are allowed to conduct mining ...
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This culminated in 2020 with the implementation of a complete export ban on nickel ore. The government was confident in implementing policies in the nickel sector because Indonesia was estimated to account for 37 per cent of global nickel production and 22 per cent of global reserves. Moreover, the government shifted its shares in mining companies into a state …
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Some smelters are raising offers for ore by as much as 15%, said a Chinese trader which buys nickel pig iron from Indonesia. The suspension of new mining quota could reduce ore supply in the ...
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A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia's dominance of global supply.
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Prices of Philippine nickel ore have jumped 23 per cent to $65 per wet metric tonne since August and the premium for Indonesian nickel ore over the local price benchmark has surged from about $5 ...
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Indonesia is managing the amount of nickel ore its miners produce in order to balance supply and demand, a government minister said. Excavators in a pit at a nickel mine …
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Nickel mine operating cash costs up to the extraction process are estimated at around US$ 9000 per tonne (Crundwell et al. 2011), ... Indonesia's nickel ore reserves in 2021 were recorded at 5,243.53 million wmt, with 1,970 million wmt having a nickel content of less than 1.7%, while 2,541.48 million wmt had a nickel content of greater than or ...
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The five largest nickel mines, i.e., Sorowako Mine, Weda Bay Project, Asera Project, Pomalaa Mine, and Bahoomahi Mine, cumulatively produced approximately 194.1 thousand tonnes of …
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Indonesia's statistics bureau data showed only less than 2 metric tons of nickel ore were exported from Indonesia from 2020 to 2022, compared to 32 million metric tons in 2019 alone.
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French firm Eramet SA, which operates one of Indonesia's biggest nickel mines, cut its guidance for external ore sales by 29% after the government declined to license a higher …
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Talking about the mining industry, nickel in Indonesia continues to dominate the global stage. Indonesia holds the title of the world's largest producer of this crucial commodity. ... The Asera deposit, covering an area of …
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Sorowako Mine in South Sulawesi, was the largest nickel-producing mine in Indonesia, producing approximately 79 thousand tonnes of nickel and an estimated 4.2 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Sorowako Mine is owned by Vale SA, and is due to operate until 2045. The second largest nickel-producing mine with an estimated …
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This acquisition with a transaction value of IDR 7.9 billion will increase nickel ore resources and reserves to 302 million wmt, making Harita Nickel the 5th largest nickel mining company in Indonesia based on resources.
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Nickel ore mining at the Asera deposit uses open-pit mining methods. According to the Joint Ore Reserves Committee (JORC), the Asera deposit has estimated resources of …
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A worker poses with a handful of nickel ore at the nickel mining factory of PT Vale Tbk, near Sorowako, Indonesia's Sulawesi island, January 8, 2014.
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Indonesia has issued an annual nickel ore output quota of around 240 million metric tons for the next three years, its Energy and Mineral Resources Minister Arifin Tasrif said on Friday.
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