ANTAM recently released its production report for the fourth quarter of 2025. Ferronickel production stood at 2,755 tonnes in nickel content, representing a 35.05% decrease compared to the previous quarter and a 43.29% decline year-on-year. Nickel ore production reached 3.56 million wet metric tonnes, up 3.20% quarter-on-quarter and 35.32% year-on-year.
In the 2025 fiscal year, the performance of ANTAM's ferronickel business was impacted by regulatory adjustments related to the minimum selling price of the product. During the fiscal year, ANTAM's total ferronickel production amounted to 16,064 tonnes, with sales volume reaching 10,528 tonnes. All ferronickel sales were absorbed by the export market, primarily destined for major stainless steel manufacturing hubs such as South Korea, India, and China.
Written by Cora Ji, jiruyan@mysteel.com