Export Quota of Indonesia’s Nickel Mine Released

SHANGHAI, Nov.8 (SMM)－Ministry of Energy and Mineral Resources of Indonesia released their guiding opinions on export quota. The export quota of nickel ore is 20.4 million ton, and that of bauxite is 14.7 million ton. The quota is usually valid for one year. The analysis team of Commerzbank said nickel export might increase in the following months accordingly. This willoffset concerns of the insufficient supply on the nickel market.

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