NPI Production Costs in Indonesia, You Can’t Miss It, SMM Exclusive

Published: Jul 10, 2017 14:21

Save

In news published in mid June, SMM notes that Indonesia’s NPI market share is and will be increasing. What are NPI production costs in Indonesia?

SHANGHAI, Jul. 10 (SMM) – In news published in mid June, SMM notes that Indonesia’s NPI market share is and will be increasing, and its NPI output will approximately reach up to China’s output level in 2019. Its changes in production costs will also play an increasing influence on the market.

LME Nickel to Fall below $9,000/t after Latest Philippine News, SMM Foresees

In order to give a clear picture, SMM calculates NPI production costs in Indonesia by different production technology.

According to SMM estimation, NPI cash production costs in Indonesia will range between $5,300-12,850 per tonne (Ni content), with RKEF cash costs at $5,300-7,100 per tonne (Ni content). In China, NPI cash production costs will be around $7,380-9,660 per tonne (Ni content), enjoying no cost advantages compared with RKEF NPI producers in Indonesia.

High-grade NPI Purchase Price to be Raised, SMM Expects

Is there any downward room still available for Indonesian NPI production costs?

The answer is YES!

The RKEF NPI production technology in Indonesia, which has just been introduced not long ago, has room to improve and upgrade, and this will help reduce power costs, which makes up for about 25 per cent of total costs, in NPI production in the country, SMM points out.

For details, please see SMM Nickel Monthly Report.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

npi price npi output china npi output nickel price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

【SMM Flash News】Indonesia is Considering for Potential of Windfall Tax

Coordinating Minister Airlangga Hartarto announced Thursday that Indonesia is evaluating a coal export tax following a meeting with President Prabowo Subianto. The tax aims to capture "windfall profits" from surging global energy prices to boost state revenue and offset fiscal pressure from rising domestic fuel costs. While specific rates are under review, Hartarto emphasized that a broader windfall tax remains an option if high commodity prices persist. Currently, as there is no official regulations being released for the specific export tax or windfall tax being implemented to commodities, SMM will continue to monitor with the update of the regulations.

1 hour ago

2 hours ago

[SMM Nickel Flash]COSCO SHIPPING Lines: Resumes New Booking Services to Middle Eastern Regions

[SMM Nickel Flash] COSCO SHIPPING Lines: Resumes New Booking Business to the UAE, Saudi Arabia, and Other Middle Eastern Regions. On March 25, COSCO SHIPPING Lines issued a service notice announcing the immediate resumption of new booking business (standard containers) from the Far East to the following countries in the Middle East: the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, and Iraq.

2 hours ago

Nornickel Invests $100M in AI to Boost Palladium Demand Amid EV Shift

Russia’s MMC Norilsk Nickel PJSC is betting on artificial intelligence as part of a $100 million push to find additional uses for palladium as electric vehicles erode the metal’s main source of demand.Nornickel, the world’s biggest palladium producer, aims to create 1.7 million ounces of new annual consumption for the metal. That’s equivalent to almost a fifth of existing demand.

2 hours ago