Update of Antam Nickel Ore Export Quotas

Published: Jun 21, 2017 14:01

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Antam is now applying for its second quota for nickel ore exports, totaling 3.70 million tonnes, Shanghai Metals Market learns.

SHANGHAI, Jun. 21 (SMM) – Antam is now applying for its second quota for nickel ore exports, totaling 3.70 million tonnes, Shanghai Metals Market learns.

China Nickel Ore Inventories Keep Growing, SMM Reports

Antam, after getting its first round export quota of 2.70 million tonnes, may be approved for its second quota this September.

The company has already shipped 165,000 tonnes of nickel ore out of its first quota to China, and plans to deliver 220,000 tonnes of goods to China in June. If shipments are carried out as schedule, Antam will ship out at least 380,000 tonnes per month in H2 2017, to use up its rest of first export quota of 2.30 million tonnes.

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