Indonesian officials launched an inspection of domestic nickel laterite ore mines
late on October 25, market sources confirmed last week. The inspection was to target unlawful behavior, including exporting laterite ore with nickel content above 1.7% and the illegal purchase of export ore quota from mines that have not been granted a quota.
“[Indonesian authorities] initiated a sudden crackdown on nickel mines [late last month], mainly checking quota documentation and grade of ore being shipped. Many ships loaded with ore had formed long queues at ports, waiting to be checked,” one delegate said.
“I heard that a few legitimate ships have already been given...