Vedanta Resources gets $300 million loan commitment for debt refinancing
The company is looking to upsize the deal and is in advance discussions with other banks for additional loans of $200 million.
Indonesia targets to produce this year 2.02 million tonnes of processed nickel, such as nickel pig iron and ferronickel, as well as 78,000 tonnes of nickel matte, Energy and Mineral Resources data showed on Thursday.
In comparison, output of processed nickel last year was 1.79 million tonnes and nickel matte output was 71,000 tonnes, the data showed.
This year as of March 6, major nickel producer Indonesia, has produced 69,912 tonnes of nickel pig iron and 178,436 tonnes of ferronickel.
Output of nickel matte as of March 6 was 12,868 tonnes.
Meanwhile, Indonesia exported 33,513 tonnes of copper concetrate in January-February, the ministry data showed.
(By Wilda Asmarini and Fransiska Nangoy; Editing by Kim Coghill)
2 Comments
KOJIECO
if I’m not mistaken, Indonesia planned to reduce nickel exports in 2020
Gordon Lawson
am i reading this right? how is Indonesia supposed to produce 2.0 Mt when global production is < 2 Mt as highlighted in this other mining.com article – https://www.mining.com/philippines-to-dethrone-indonesia-as-largest-global-nickel-ore-producer/