News dalla rete ITA

13 Marzo 2024

Indonesia

MINING COMPANIES READY TO WELCOME THE "REBOUND" IN NICKEL PRICES

Nickel prices are expected to rebound this year, with the price reaching 18,000 US dollars per ton. Domestic mining companies, such as PT Trimegah Bangun Persada Tbk, see this as an opportunity to expand in the global market. The company is preparing for a rebound in nickel prices in 2024–2025, supported by global economic recovery and increasing demand for nickel, particularly from the electric vehicle battery industry and stainless steel production. The company is committed to investing in production capacity and operational efficiency, as well as human resource development and sustainable operational practices.Indonesia's PT Vale Indonesia Tbk (INCO) has been formalized as a national company by the Indonesian government through Mineral Industri Indonesia Persero (Mind ID). The divestment of shares from foreign companies, Vale Canada Ltd. and Sumitomo Metal Mining Co. Ltd., has allowed Mind Id to buy 14% of the divestment shares at IDR 3,050 per share. The move aims to strengthen the company's position in the global supply chain and support export needs. However, analysts predict that the company's average selling price will remain around 13,260 US dollars per ton in 2024.Link di fonte: https://www.kompas.id/baca/ekonomi/2024/03/12/perusahaan-tambang-persiapkan-rebound-harga-nikel-tahun-ini?open_from=Ekonomi_Page (ICE GIACARTA)


Fonte notizia: Kompas, 12 March 2024