According to data from the World Bureau of Metal Statistics, the production volume of iron ore in Indonesia was about 2.14 million metric tons in 2021.
In 2023, Indonesia produced 193.5 million tons of nickel ore. Adding to supply headwinds, heavy rains this month disrupted truck deliveries of ore from mines to smelters, two Indonesian smelters said.
The Indonesian iron ore mining industry has evolved over the years, but efficiency remained a challenge due to outdated mining techniques. The need for a sustainable and productive solution became ...
The technology treats the full laterite ore profile, namely limonite, saprolite, and the transition zone, in one continuous process and uses nitric acid to dissolve the metals into a solution.
Indonesia's expansion is "somewhat reshaping the global supply chain," Harry Fisher and Greg Miller, analysts at Benchmark Mineral Intelligence, said in an email.
Iron Ore Mining. Iron is the earliest and most widely used metal in the world, and its consumption accounts for about 95% of total metal consumption. ... The Indonesian iron ore mine is a vast project including mining and industrial park construction. has served this project for more than 5 years and has provided a full set of equipment ...
The demand for iron ore continues further in upcoming years owing to the emergence of small scale and medium scale industries. Indonesia mining industry is undergoing …
Eramet now expects Weda Bay in Indonesia, the world's largest nickel mine that it operates in a joint venture with Chinese steel giant Tsingshan, to produce 30 million wet metric tons in 2023 ...
But Ronald Sulistianto, chairman of Indonesian Bauxite and Iron Ore Companies Association, said there are only two operating bauxite plants in the country. "We produce 30 million tonnes, where ...
Prices of Philippine nickel ore have jumped 23 per cent to $65 per wet metric tonne since August and the premium for Indonesian nickel ore over the local price benchmark has surged from about $5 ...
BHP acquired WMC in 2006 for $7.3 billion, and it was initially extremely profitable, generating more cash than BHP's world-class iron ore division in 2007, thanks to a surge in the nickel price ...
Some smelters are raising offers for ore by as much as 15%, said a Chinese trader which buys nickel pig iron from Indonesia. The suspension of new mining quota could reduce ore supply in the ...
The outgoing head of state banned the export of raw nickel ore in 2020, drawing in billions of dollars worth of investment in plants to process it into more valuable products, spearheaded by ...
Indonesia has about 13,000 Mt of coal reserves and 400 Mt of iron ore reserves. In 2010, 9 Mt of steel was imported by the country to meet the domestic demand of 11 Mt. In 2010, Indonesia was a leading global supplier of tin and the …
The company has now become one of the largest iron ore mining contractor in Indonesia with an annual production of 10,000,000 tonnes in 2013. Along with the development of BMR, various companies from other industries were established in order to generate business synergy to BMR.
Under a 2017 mining regulation, Indonesia is due to stop allowing the export of unprocessed ore starting Jan. 12, 2022, after giving miners a five-year period to build smelters onshore.
Exports In 2022, Indonesia exported $83M in Iron Ore, making it the 31st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 287th most exported product in Indonesia. The main destination of Iron Ore exports from Indonesia are: China ($76.3M), Vietnam ($6.38M), Philippines ($361k), Netherlands ($260), and Ireland ($48).
The Sydney-based firm began its life in Indonesia mining what was then a remote nickel deposit on Sulawesi, east of Borneo, but was forced to stop operations when the government banned the export ...
The main destination of Iron Ore exports from Indonesia are: China ($76.3M), Vietnam ($6.38M), Philippines ($361k), Netherlands ($260), and Ireland ($48). The fastest …
Indonesia plans to introduce nickel tracing and push local producers to reach global mining standards to help the country move closer to securing a critical minerals deal with the US.
A senior Indonesian mining ministry official pledged on Thursday that authorities would enforce a ban on the export of raw ore exports by 2022 to make miners process minerals in the country.
As of 2023, the GDP generated from mining and quarrying reached over two quadrillion Indonesian rupiah, nearly doubling over the past five years. In addition, the …
The parks, worth a total of 636.9 trillion rupiah ($39.58 billion) in four different towns in Central and Southeast Sulawesi provinces, will produce mixed hydroxide precipitate and nickel and ...
VAT exemption for mining and drilling activities clarified. On 12 December 2022, Indonesia's government issued an implementing regulation (No. 49 Year 2022) to the VAT section of the 2021 Tax Harmonisation Law (UU HPP) that provides clarifying details and guidance on the VAT exemption for the mining and drilling industry. ... Iron ore, tin ...
Indonesia's high-grade 1.7% nickel ore is mainly used for the country's nickel pig iron (NPI) production, a feedstock for stainless steel, while lower grade is used to make products for the ...
Other areas that stood out were the Brazilian state of Minas Gerais, where deforestation from iron ore and gold mining was clearly visible in the satellite data, as were damages caused by bauxite ...
Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country's divestment rules, mining minister Arifin Tasrif told reporters on Friday.
Indonesian copper miner PT Amman Mineral Internasional is in negotiations with the government to allow it to continue exporting copper concentrate beyond May 31, its chief executive said on ...
But Ronald Sulistyanto, head of the Indonesian Bauxite and Iron Ore Companies Association, told Reuters on Monday that production has reached roughly 30 million tonnes per year, which could force ...
The Indonesian mining law introduced in April 2009 compounded these challenges and marked the beginning of a phase of renewed state intervention and resource nationalism in the sector. ... to invest in smelters and was granted extraction rights to 47,040 hectares of laterite nickel ore mining land in Morowali. 14 Yet no concrete …