According to Mysteel surveys of 15 sample projects in Indonesia, the country's nickel matte production in February reached 40,800 tonnes in nickel content, a decrease of 1.53% month-on-month but a substantial increase of 49.73% year-on-year. This production consisted of 34,200 tonnes of high-grade nickel matte and 6,700 tonnes of low-grade nickel matte.
From January to February, Indonesia's cumulative nickel matte production totaled 82,300 tonnes in nickel content, up 39.70% year-on-year.
Looking ahead, Indonesia's nickel matte production for March is estimated at 43,500 tonnes in nickel content, marking a month-on-month increase of 6.56% and a remarkable year-on-year surge of 97.32%. This is expected to include 36,100 tonnes of high-grade nickel matte and 7,400 tonnes of low-grade nickel matte.
Written by Cora Ji, jiruyan@mysteel.com