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Home / Metal News / Indonesian officials to discuss resuming nickel ore export after temporary halt

Indonesian officials to discuss resuming nickel ore export after temporary halt

Nov 8, 2019 10:15

Source:SMM

Some nickel ore exporters that complied with rules have been allowed to resume shipments

SHANGHAI, Nov 8 (SMM) – Indonesia's investment board chief Bahlil Lahadalia said on Thursday November 7 that he would have a meeting with nickel companies next Monday to discuss whether to resume wider exports of nickel ore, after a temporary halt for the investigation into violations.

Nickel ore exporters that complied with rules have been allowed to resume shipments, according to Maritime and Investment Coordinating Minister Luhut Pandjaitan, but he did not reveal how many companies received the green light so far.

Indonesia, the world’s largest nickel ore producer, temporarily stopped nickel ore exports after authorities launched an investigation into violations of export rules two weeks ago.

It was reported that the country’s monthly nickel ore exports nearly trebled after the government announced in late August to bring forward a ban on ore exports by two years to January 2020.

Market commentary

Indonesia

Nickel ore

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