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Jakarta Post

Antam raises 2010 nickel sales targets on global recovery

  • Ika Krismantari

    The Jakarta Post

Jakarta   /   Fri, December 4 2009   /  02:18 pm

State nickel producer PT Aneka Tambang revised upward its nickel sales target for next year as the predicted global economic recovery is expected to spur demand. Antam president director Alwinsyah Loebis said on Thursday the company now targeted to sell 19,000 tons of ferro nickel in 2010, higher than the initial target of 17,000 tons. "We expect that the global economic recovery will take place in the second semester of next year and will result in higher demand for nickel," he said. With such an increase, the company can expect to post an increase of 35 percent in sales volume as compared to that of 2009. The increase in sales is in line with the expected rise in produc-tion now predicted to reach 18,500 tons in 2010, up from 12,000 tons in 2009. Alwin said the additional production would come from the nickel smelter in Pomalaa, Southeast Sulawesi, also known a...