Antam nickel

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Antam nickel

The state owned miner get permit to export nickel ore amounted to 2.

antam nickel

Meanwhile the export licenses of washed bauxite export were granted in March InAntam recorded total low grade nickel ore export of 2. Under the regulation Antam was allowed to export low grade nickel ore and washed bauxite ore for five year period which renew the export permits for every year.

We currently have a diverse mineral processing facilities for nickel, gold, silver and bauxite. The construction of East Halmahera Ferronickel Plant Development Project remained on the track with construction progress reached 38 per cent at the end of The plant will have annual ferronickel production capacity of 13, TNi whereby construction is estimated to be completed by the end of The government now allows export for up to five years and limited to volumes decided by the government and independent inspectors and only on specific grades.

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The nickel ore exports realization in the first half of reached onlytons or 5 percent of the export quota of 8. This year, the MEMR is targeting four smelter developments. In the first half oftwo smelters have been completed and will be commissioned in September Meanwhile, two other smelters expected to be completed this year are iron ore smelter PT Sumber Baja Prima with the capacity of The Insiders Stories.

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Antam Granted Additional Export Permits for Nickel, Bauxite

Contact us: contact theinsiderstories.Antam has approximately million wet metric tons wmt of saprolite and million wmt of limonite reserves and resources which could last for many decades at current extraction rates. While Antam has more than enough ore to support its current long term nickel expansion plans, in order to prolong the life of its own reserves, Antam may seek third party ores to supplement its own supply. The limonite rests atop the saprolite, is cheaper to mine and the first to be extracted followed by the saprolite.

The ores usually can be easily mined and extracted using an open pit mining techniques using simple truck and shovel operations. No drilling or blasting is required. Little beneficiation is required other than drying and screening and sometimes limited crushing of oversize material. In particular, the lower part of the saprolite ore is often lumpy and requires crushing to reduce it to the required size specifications.

Mining operations at Gee, Tanjung Buli and Mornopo are outsourced to local contractors, PT Minerina Bhakti and Yudistira Bhumi Bhakti, in order to reduce inventory stock and employee and other operational costs.

Historically Antam extracts around 3. However, Antam can easily ramp up extraction levels if necessary. SinceAntam also exports lower grade of saprolite to China. Limonites were previously entirely sold to Australia but since it has been exported mainly to China. This entry was posted on September 20, at am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.

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antam nickel

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Antam produces and exports high grade nickel ore with a minimum 1. Aerial View of Pomalaa Nickel Mine. Nickel ore excavation at Pomalaa. Share this: Twitter Facebook. Like this: Like Loading Leave a Reply Cancel reply Enter your comment hereAntam has approximately million wet metric tons wmt of saprolite and million wmt of limonite reserves and resources which could last for many decades at current extraction rates.

While Antam has more than enough ore to support its current long term nickel expansion plans, in order to prolong the life of its own reserves, Antam may seek third party ores to supplement its own supply. The limonite rests atop the saprolite, is cheaper to mine and the first to be extracted followed by the saprolite.

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The ores usually can be easily mined and extracted using an open pit mining techniques using simple truck and shovel operations. No drilling or blasting is required. Little beneficiation is required other than drying and screening and sometimes limited crushing of oversize material.

In particular, the lower part of the saprolite ore is often lumpy and requires crushing to reduce it to the required size specifications.

Mining operations at Gee, Tanjung Buli and Mornopo are outsourced to local contractors, PT Minerina Bhakti and Yudistira Bhumi Bhakti, in order to reduce inventory stock and employee and other operational costs.

Historically Antam extracts around 3. However, Antam can easily ramp up extraction levels if necessary. SinceAntam also exports lower grade of saprolite to China.

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Limonites were previously entirely sold to Australia but since it has been exported mainly to China. This entry was posted on September 20, at am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2. You can leave a responseor trackback from your own site. You are commenting using your WordPress. You are commenting using your Google account.

You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email.

antam nickel

Notify me of new posts via email. Create a free website or blog at WordPress. This is Indonesia business news update Just another WordPress. Antam produces and exports high grade nickel ore with a minimum 1. Aerial View of Pomalaa Nickel Mine.

Nickel ore excavation at Pomalaa. Share this: Twitter Facebook. Like this: Like Loading Leave a Reply Cancel reply Enter your comment hereJakarta Composite Index 4, GDP Growth Q 4.

Inflation March 2. Aneka Tambang Antam is a vertically integrated, export-oriented, diversified mining and metals company in Indonesia. With operations spread throughout the mineral-rich Indonesian archipelago, Antam undertakes all activities from exploration, exploitation, processing, refining to the marketing of its nickel ore, ferronickel, gold, silver, bauxite, coal and precious metals refining services.

The biggest three contributors to Antam's revenue are gold, ferronickel and nickel ore. Production of coal and bauxite play a relatively minor role. InAntam conducted its initial public offering IPO by listing 35 percent of its shares on the Indonesia Stock Exchange IDX in order to raise money for the expansion of its ferronickel business.

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InAntam listed its shares in Australia as a foreign exempt entity but augmented its status to the more stringent ASX Listing in Antam intends to foster sustained growth through reliable expansion projects, strategic alliances, increasing quality reserves and adding value by moving away from selling raw materials and instead increase processing activities.

Source: Aneka Tambang, Annual Report Ferronickel is a processed product, which contains about 80 percent iron and 20 percent nickel. Total capacity of the three plants is 26, TNi, with an assumption of peak load of 42MW and using nickel ore with 2.

About 70 percent of nickel is consumed for the production of stainless steel, while the rest is used for various industrial purposes such as batteries, electronics, aerospace applications and land based gas turbines.

Gold and silver are produced through mining activities and gold ore smelting to dore bullion. The gold ore mining is produced at two mining sites; Pongkor West Java and Cibaliung Bantenboth being underground mines. The last operating segment comprises bauxite and coal. In line with the company's strategy to enter the downstream business, Antam will process bauxite ore in Tayan by establishing a Chemical Grade Alumina CGA plant.

The Sarolangun coal mine has been in production since June with production level oftons in ICR targets the Sarolangun to produce about 1. Coal reserves non-JORC in the area reach 8. Simatupang No. Sign in Subscribe Newsletter.

Melongok Tambang dan Smelter Nikel Antam di Sulawesi

Asia Pacific Nickel Pty. CoalGold.Indonesia is encouraging investments in its nickel processing sector to produce battery chemicals to position itself in the global supply chain of electric vehicles.

Currently there are at least four HPAL plants under development or study by local and foreign companies, with a plant by China's steel giant Tsingshan Group in Central Sulawesi potentially starts operation in The partnership with Huayou would support Indonesian government efforts to have mining companies build more ore processing facilities to produce higher-value finished products rather than exporting ore.

Antam's Corporate Secretary Kunto Hendrapawoko told Reuters in a text message that the partnership is still in the exploratory stage and no details have been decided yet. Interactive Chart. Make Kitco Your Homepage. Kitco Gold Index. Search Stocks. About Kitco News. Search News. Mining Mining News. Kitco Gibson Capital. Metals Futures.

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antam nickel

Gold Silver. Currency Converter Currency Cross Rates. Features Tech Metals. Real-time gold scrap value calculator for professionals iPhone Android Web.

Calculate precious metal dimensions, weights and purity iPhone Blackberry Android. Off The Wire. Indonesia's Inalum, Antam may tie up with Zhejiang Huayou to process nickel. Reuters Friday May 17, Kitco News Share this article:. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc.

This article is strictly for informational purposes only.JAKARTA Reuters - Large mining companies on Wednesday welcomed a recent decision by the Indonesian government to move forward a ban on exporting nickel ore, as the firms aim to increase smelting output.

Top nickel ore supplier Indonesia last month said the country will stop ore export from Jan. But major industry players gathering at the Asian Nickel conference on Wednesday said the ban would further support the development of the nickel processing industry in the country. Indonesia said it expedited the ban to reserve ore for its fast-expanding smelting industries of nickel pig iron NPIstainless steel and electric vehicles EV battery nickel.

The country first placed the nickel ore export ban incausing a price surge at the time, then relaxed it in under a quota system. Smelters in Indonesia in the past few years have ramped up production of NPI and ferronickel, or products made from nickel ore that are used in making stainless steel. Tsingshan, the biggest NPI producer in Indonesia, could add anothertonnes of nickel in NPI next year, from aroundtonnes currently, a source with direct knowledge said, while PT Vale Indonesia plans to add a new ferronickel smelter and expand its existing nickel matte plant.

Nickel firms are also planning several battery nickel projects in Indonesia on the positive outlook for the EV battery sector, despite facing challenges of disposing waste financially and cleanly as well as obtaining a permit to run the projects. Tsingshan and its partners have two battery nickel projects with combined capacity oftonnes in nickel content and aimed to start production from endpending permits from the authority and financing, the direct source said.

Discover Thomson Reuters. Directory of sites. United States. Mai NguyenWilda Asmarini.ANTAM undertakes all activities from exploration, excavation, processing through to marketing of mining commodity for more than 50 years. Human Capital is one of the most valuable factors for Company's future growth. We are committing on development of human capital competencies as a based of ANTAM's sustainability effort.

Beyond the Company's operational segment, We are committing to manage social, economic and environmental impact, including management of community relations, environmental regulations compliance, and the economic impact on society.

Our commitment to ensure our products meet customer specifications and on-time deliveries have resulted in ANTAM having several long-term business relationships with well-established customers in both domestic and international market.

We maintain financial strength by generating positive revenue growth to ensure Company's sustainability and bring positive value to Our shareholder and stakeholder. Having a diversified business with prudent management and horizontal business development through integrated business from upstream to downstream activity.

ANTAM is a mining company which processes a number of minerals as well as operating other businesses including trade and industry, transportation and other services related with the mining sector. Ferronickel production originated from the Compan Geomin Unit has the main responsibility of managing and developing exploration activitie With operations spread throughout the mineral-rich Indonesian archipelago, ANTAM undertakes all activities from exploration, excavation, processing through to marketing of nickel ore, ferronickel, gold, silver, bauxite and coal.

The company has long term loyal blue chip customers in Europe and Asia. Close Menu. What do you want to search? Focus on Good Mining Principle Implementation.

Investing in Human Capital. Upholding on Social Responsibility. Focus on Product Quality. Business Diversification and Integrated Mining Operation. Next Prev. Last IDR Volume ,


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