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.
Indonesia: Development Of Downstream Sector To Boost Nickel Mining . In January 2020, Indonesia's nickel ore export ban came into place, having been brought forward from January 2022. In the immediate aftermath …
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 ...
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 …
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.
Indonesia is now the world's dominant supplier of the metal, following a boom triggered by President Joko Widodo's ban on exports of raw nickel ore, in a bid to force foreign businesses to ...
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.
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.
Global leading nickel ore importers 2021, by country; The most important statistics. Global nickel mine production 2023, by country; Indonesia's nickel mine production 2010-2023;
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 ...
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 ...
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 …
Indonesia's nickel ore imports from the country likely hit around 500,000 metric tons in April and will again in May, more than double March volumes, two local smelters and a trader told Reuters.
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 …
Harita Nickel's mine is the first in Indonesia to formally commit to an IRMA audit. Harita Nickel is located on Obi Island, South Halmahera, North Maluku. ... Through its subsidiaries and affiliates, the Company has been operating high-grade nickel ore (saprolite) smelters since 2017, low-grade nickel ore (limonite) processing refinery ...
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.
The mine produced an estimated 27.02 Thousand tonnes of nickel in 2020. The mine will operate until 2047. 5. Pomalaa Mine. Owned by Indonesia Asahan Aluminium, the Pomalaa Mine is a surface mine located in South East Sulawesi. It produced an estimated 26.352 Thousand tonnes of nickel in 2020. Methodology:
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 ...
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 ...
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 ...
Indonesia has issued mining production quotas of 152.62 million metric tons of nickel ore and 44,481.63 tons of tin so far this year, and is working to accelerate the approval process, a senior ...
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.
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 …
The Sydney-based firm began its life in Indonesia mining what was then a remote nickel deposit on Sulawesi, east of Borneo, but was forced to stop operations when the government banned the export ...
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 …
Indonesia is a dominant player in the global nickel mining industry and has an abundance of both nickel and other minerals such as copper, bauxite, iron ore, coal, and gold. As of January 2021, the country had 21 million tonnes (Mt) of nickel reserves.
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 ...
Indonesia`s mining exploration budget 2018-2023, by sub-sector; ... "Production of nickel ore in Indonesia from 2013 to 2022 (in million metric tons)." Chart. February 28, 2024. Statista.
The concerning matters in the complaint included: (1) Indonesia's nickel export restrictions and ban; (2) the country's domestic processing requirements for nickel, iron ore, chromium, and coal; (3) domestic marketing obligations for nickel and coal products; (4) export licensing requirements for nickel; and (5) a prohibited subsidy scheme. 39
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 …
This melts the ore at more than 1,500°C, ... Known as "tailings" in mining jargon, these are difficult and expensive to dispose of safely. ... Very few Indonesian nickel miners make public ...
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 ...
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 …
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 ...
Trucks load ore from a nickel laterite mine near Kendari in Southeast Sulawesi, Indonesia, in 2012. Indonesia has the largest nickel reserves, and demand is surging for the metal that is key for producing electric vehicle batteries. ... Indonesia's nickel mining boom has put global nickel IPOs on track for a multiyear high, while global IPOs in ...
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 ...