The five largest nickel mines in operation in Indonesia
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.
Indonesia considers terminating permits for some nickel pig …
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.
Booming Indonesian Nickel Industry Faces Challenges Ahead
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 ...
The future of nickel in Indonesia: A 2024 forecast
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 …
Indonesia mining ministry working to approve more nickel, …
The ministry sofarhas 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 says nickel reserves enough for expansion
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 …
Nickel in Indonesia
Over the five years to 2022, production from Indonesia increased by a CAGR of 24% and is expected to rise by a CAGR of 13% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2030 report. Buy the report here.
Indonesia buying record amounts of Philippine nickel ore …
Top nickel producer Indonesia has bought record volumes of nickel ore from the Philippines since April as smelter demand increases, while delays by Jakarta in issuing mining quotas and heavy rains ...
Nickel price crash seen extending Indonesia's grip on supply
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.
Indonesia: Five Largest Nickel Mines in 2021
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 …
Indonesia: production of nickel ore 2022
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.
Harita Nickel Will Become the 5th Largest Nickel Mining …
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. PT GTS has a non-operating nickel mining concession with an area of 2,314 hectares with an IUP valid until 2040.
Indonesia nickel ore export ban to remain
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 ...
Indonesia issues annual nickel ore quota of 240mt for 3 years
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.
Global Nickel Mining Outlook
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 …
New technology could cement Indonesia's dominance of vital nickel
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 ...
Harita Nickel Will Become the 5th Largest Nickel …
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.
The Promise And Pitfalls Of Indonesia's Nickel Boom
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 ...
The future of nickel in Indonesia: A 2024 forecast
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 …
Indonesia's nickel prices surge amid probe into mining …
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 ...
Nickel in Indonesia
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 …
Availability of Indonesian nickel reserves and efforts to …
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 ...
Indonesia issues nickel production quotas for 152.62mt
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 ...
Nickel IPOs surging thanks to Indonesian mining boom
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 ...
Indonesian VP hopeful slams Jokowi's nickel investment policy
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 ...
Chinese companies are investing billions in Indonesia's nickel …
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 aims to finish mining output quotas approval by …
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 ...
Indonesia Controls Nickel Ore Supply to Balance Weak …
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 …
Nickel producers fear growing Indonesian pricing …
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.
The promise of nickel: Power and prosperity in …
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.