SHANGHAI, May 2 (SMM) – A ship, carrying laterite nickel ore, arrived at No. 81 berth at the Port of Lianyungang, Jiangsu Province on May 1, the first ore shipment from Indonesia since its export ban from January 12, 2014.
China Nickel Ore Inventories Keep Growing Slightly, SMM Reports, with Price Declines to Continue
The ship, whose name is Mv.JIN YUN, carried a total of 50,800 tonnes of laterite nickel ore, and it was Zhenshi Holding Group that made the first shipment of nickel ore from Indonesia to China since the country decided to relax its ban this year.
Indonesian government has decided to give export permission to companies which has smelting capacities in its country, relaxing its stance on the ore policy.
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