Antam targets two-fold increase in nickel ore output in 2018

PT Aneka Tambang (Antam) is targeting a two-fold increase in its nickel ore production to 11.25 million wet metric tonnes (wmt) in 2018, the Indonesian state-owned miner said on Wednesday March 7.

Antam produced 5.57 million wmt of nickel ore in 2017, up 241% from the previous year.

The stellar growth in nickel ore production follows Antam’s resumption of low-grade nickel ore exports in May last year after the Indonesian government approved a 2.7-million-wmt nickel ore export quota for the company. In October, the company received approval to export another 1.25 million wmt, taking its total export quota to 3.95 million wmt....

Published

Vivian Teo

March 08, 2018

04:10 GMT

Singapore