Blockbuster! Indonesian Government to Cancel Nickel Ore Quota-Shanghai Metals Market

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Blockbuster! Indonesian Government to Cancel Nickel Ore Quota

Industry News 04:43:11PM Dec 04, 2017 Source:SMM

SHANGHAI, Dec.4 (SMM)-As per SMM research, concerning semi-annual construction progress of NPI plants in Indonesia, some of them are lagging behind planned schedule, which may face risk of cancellation of quota. Those enterprises totally have attained 7.47 million wet tons quota (Total approved quota is 20.49 million wet tons). Also, those enterprises failing to sell out all applied quota will probably face punitive measure such as penalty. SMM will keep an eye on the change of quota.


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


 

Key Words:  nickel   Indonesia   quota 

Blockbuster! Indonesian Government to Cancel Nickel Ore Quota

Industry News 04:43:11PM Dec 04, 2017 Source:SMM

SHANGHAI, Dec.4 (SMM)-As per SMM research, concerning semi-annual construction progress of NPI plants in Indonesia, some of them are lagging behind planned schedule, which may face risk of cancellation of quota. Those enterprises totally have attained 7.47 million wet tons quota (Total approved quota is 20.49 million wet tons). Also, those enterprises failing to sell out all applied quota will probably face punitive measure such as penalty. SMM will keep an eye on the change of quota.


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


 

Key Words:  nickel   Indonesia   quota