Metals News
[SMM News] the quota of Indonesian nickel mining enterprises needs to be reviewed again? The SMM survey understands that.
The content below was translated by Tencent automatically for reference.

SMM, June 6 / PRNewswire-Asianet /-

According to market news, the Indonesian government will re-examine all mining companies that have received export quotas for nickel mines, and if they do not have the corresponding nickel smelting capacity, they will withdraw their export quotas for nickel mines.

According to SMM data, Indonesia is currently shipping a total quota of 27.39 million wet tons, all of which are currently being shipped. Among them, Indo, Tiran, ACM, Solway, Ceria, Anfang Brother, TPI and other mining enterprises do not have supporting smelting projects, involving a quota of about 10 million wet tons.

According to SMM research, the news was released after the Indonesian general election, but has not yet been strictly implemented, and most nickel mining agents said they had not received the relevant news.

As Indonesia is during the Eid al-Fitr holiday this week, the details will not be clear until after the end of Eid al-Fitr, and SMM will continue to follow up.

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