Indonesia sets 2025 nickel ore mining quota at around 200 million tonnes
The country's nickel ore output last year was 215 million tonnes.
The global nickel market had a surplus of 23,900 metric tons in September, up from a surplus of 14,200 tons in the same month of last year, data from the International Nickel Study Group (INSG) showed on Wednesday.
That compares with a surplus of 15,300 metric tons in August 2023.
During the first nine months of 2023, there was a surplus of 155,000 tons versus a surplus of 60,500 tons in the same period of last year, the data showed.
(By Deep Vakil)
Comments