Indonesia's Antam advances ferronickel capacity expansion
2022-02-15 13:46:31 [Print]
Indonesian resources firm Aneka Tambang (Antam) is on track to complete the expansion of its ferronickel output capacity after entering into an initial electricity supply agreement with state-controlled power company Perusahaan Listrik Negara (PLN).
Construction of Antam's new East Halmahera Ferronickel Smelter, which will increase overall ferronickel capacity by 13,500tpy to 40,500tpy, was 98% complete at the end of December 2021, the company said in a project update.
Antam, which produced 25,818t of ferronickel in 2021 and sold 25,991t to export market customers in Asia, has agreed to procure 75MW of electricity for the next 30 years in a two-stage delivery programme over 18 months.
Apart from its growing ferronickel business, Antam is a major nickel ore producer with output of 11mn t and sales of 7.64mn t to domestic customers during 2021.
Antam is also a growing producer of bauxite for the aluminium supply chain and is increasing its output of chemical grade alumina.
Construction of Antam's new East Halmahera Ferronickel Smelter, which will increase overall ferronickel capacity by 13,500tpy to 40,500tpy, was 98% complete at the end of December 2021, the company said in a project update.
Antam, which produced 25,818t of ferronickel in 2021 and sold 25,991t to export market customers in Asia, has agreed to procure 75MW of electricity for the next 30 years in a two-stage delivery programme over 18 months.
Apart from its growing ferronickel business, Antam is a major nickel ore producer with output of 11mn t and sales of 7.64mn t to domestic customers during 2021.
Antam is also a growing producer of bauxite for the aluminium supply chain and is increasing its output of chemical grade alumina.
Nickel Ore Philippine 0.8%min In port China
Unit:RMB/mt
China nickel sulfate producers' sales to production ratio statistics by province by month
Unit: %
