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ferronickel

Companies 11 months ago

PREMIUM
New benchmark pricing policy has led to customer loss, Antam tells House

At a meeting with House Commission XII broadcast live on Thursday, the Antam president director said its products had become unsellable because buyers balked at paying the government-mandated benchmark prices for minerals and coal.

Companies 1 year ago

Tsingshan cuts Indonesian nickel output due to tight ore supplies

Top nickel producer China’s Tsingshan has cut ferronickel production in Indonesia due to persistent shortages of ore caused by delays to mining quota approvals, two sources with knowledge of the matter said.

Editorial 2 years ago

Nickel rush needs a rethink

Driven by low-cost production, especially because of cheap labor and poor environmental standards, Indonesia’s dominance has caused a rout in the global market with other miners deciding to cut production or even stop operations.

Business 6 years ago

Antam books modest 6 percent profit growth in Q2

The sales of gold contributed 67 percent to total revenue, followed by ferronickel with 16 percent), bauxite with 2 percent) and other minerals with 15 percent

Business 8 years ago

Antam to boost capex by 133 percent, support downstream expansion

State-owned diversified miner PT Aneka Tambang (Antam) is seeking to increase its capital expenditure (capex) by 133 percent annually to Rp 3.23 trillion (US$235.15 million) this year in a bid to support the construction of its processing facilities.

Business 8 years ago

China's Tsingshan keen to invest in N. Kalimantan

Chinese stainless steel giant Tsingshan Holding Group has expressed interest in building a US$28 billion integrated ferronickel complex in Tanah Kuning Industrial Park in Indonesia’s youngest province, North Kalimantan.

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