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Indonesian Nickel Miners Backing Nickel Ore Export Ban Plans

Metal News - Published on Mon, 18 Nov 2019

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Nickel mining and smelting companies have agreed to support the government’s plan to ban nickel ore exports from January 2020 onward, as stipulated in an Energy and Mineral Resources Ministry regulation. Investment Coordinating Board BKPM chairman Bahlil Lahadalia last week said that BKPM had facilitated a meeting between the Indonesian Nickel Mining Association and the Processing and Smelting Companies Association to resolve their differences on the nickel ore export ban. He aid "The meeting concluded that nickel mining companies and smelting companies in Indonesia have agreed that we do not want to export nickel ore beginning January 2020.”

Mr Bahlil alo said the two associations had agreed that nickel ore would be sold to local companies at the international price of USD 27-30 per tonne on a free-on-board basis.

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Posted By : Rabi Wangkhem on Mon, 18 Nov 2019
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