Indonesia approves 1 million wmt nickel ore exports

Published: Apr 9, 2018 17:58
Indonesian mining company PT Macika Mada Madana has secured nickel ore export quotas of 1 million wmt last week, SMM learned.

SHANGHAI, Apr 9 (SMM) – Indonesian mining company PT Macika Mada Madana has secured nickel ore export quotas of 1 million wmt last week, SMM learned.

The company can ship the materials within this month, with 4-5 vessels at the maximum in one month.

China’s Ningbo Minghui Mining holds a 50% stake in the company.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

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 for 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
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
Sep 11, 2026 18:00
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
Read More
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
[SMM Nickel Flash] Domestic high-grade NPI production costs declined this week. Lower Philippine nickel ore prices, coupled with a pullback in coke prices, reduced smelting raw material costs. However, NPI selling prices fell significantly over the same period, dragging on profitability and narrowing profit margins for domestic smelters.
Sep 11, 2026 18:00
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
Sep 11, 2026 18:00
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
Read More
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI fell by 17.7 yuan/nickel unit WoW to 1,095.5 yuan/nickel unit (ex-factory, tax included), while the average price of the Indonesia NPI FOB index dropped by $2.93/nickel unit WoW to $141.14/nickel unit. This week, the high-grade NPI market continued to weaken, with the price center moving steadily lower. Upstream and downstream price negotiations intensified, and the market entered a stalemate, consolidating at lows.
Sep 11, 2026 18:00
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
Sep 11, 2026 17:45
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
Read More
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
The average price of SMM 10-12% high-grade NPI fell WoW by 17.7 yuan/nickel unit to 1,095.5 yuan/nickel unit (ex-factory, tax included), and the average price of the Indonesia NPI FOB index fell WoW by $2.93/nickel unit to $141.14/nickel unit. This week, the high-grade NPI market continued to weaken, with the price center shifting steadily lower. Price negotiations between upstream and downstream intensified, and the market entered a phase of stagnant consolidation at lows.
Sep 11, 2026 17:45