Home / Directory / List News / Detail News

Antam's Nickel Ore Production Estimated to Reach 11 Million Tons at the End of the Year

CNBC Indonesia/Firda Dwi Muliawati

Wed 13 Nov 2024, 15:30 PM

Share

Events

PT Aneka Tambang Tbk. (ANTM) forecasts nickel ore production to reach 11-11.5 million metric tons by the end of 2024. This year, the state-owned mining company received a production license for up to 12 million tons of nickel ore.

Arianto Sabtonugroho Rudjito, Director of Finance and Risk Management at Antam, stated that the company has received additional approval for nickel ore production from the government through the Work Plan and Budget (RKAB) for Q3 2024, which allows for 9 million tons of production.

"Currently, we have produced just over 7 million tons. In October, we received additional RKAB approvals for several new and additional Mining Business Permits (IUPs), which provide us with the opportunity to continue increasing production," Arianto explained on Wednesday (November 13, 2024).

Arianto explained that this year, the company received a production license for up to 12 million tons of nickel ore.

"This means there is still room for about 3 million tons to reach the 12 million-ton target. However, due to time constraints, we will push as hard as possible. So, the maximum production will likely be around 11 million tons," Arianto emphasized.

Advertisement

Relate News

News
23 Apr 2022, 16:49 PM

Indonesia Has the Potential of a World Class Gold-Copper Mine in Onto, NTB

www.kompas.com
6584 Views
News
21 Jul 2023, 08:00 AM

Merdeka Copper Reaffirms Commitment to Protecting the Planet

Merdeka Copper Gold
3917 Views
News
25 Sep 2024, 09:08 AM

Nickel Industries buys 51% stake in Siduarsi project

Nickel Industries
2123 Views
News
04 Nov 2022, 08:00 AM

Mineral-hungry China triples Indonesian investments as Jakarta pushes downstream processing

www.scmp.com
3578 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.