Production of Nickel in Indonesia reached 1,721.54Thousand Tonnes in 2023
Production grew by a CAGR of 31% between 2020 to 2023,and is expected to grow by...
GlobalData projects the production to grow at a CAGR of...
Impact of COVID-19 on Nickel production in Indonesia
Global nickel mine production held at a significant position in 2021, after registering an estimated decline in 2020, amid the COVID-19 pandemic. Output from Indonesia, the Philippines and Brazil will be significant contributors to the overall growth. In contrast, production is expected to decline in Russia, South Africa and Finland, owing to lower production from the Oktyabrsky and Taimyrsky mines and the planned closure of African Rainbow Minerals’ Nkomati mine in 2021.
Indonesia nickel reserves
According to the USGS, Indonesia had the largest reserves of nickel holding a significant position of the global total. In Indonesia, saprolite deposits contain higher-grade nickel ores, while limonite is low-grade nickel ore. The Yiwan mine in South Kalimantan is the country’s largest in terms of ore reserves. The Weda Bay, Sorowako, Tapunopaka, and Gag Island mines are some of the other significant mines.
Nickel production
Global nickel mine production is expected to reach a significant position in 2021, after registering an estimated decline amid the COVID-19 pandemic. Output from Indonesia, the Philippines and Brazil will be significant contributors to overall growth. In contrast, production is expected to decline in Russia, South Africa and Finland, owing to lower production from Oktyabrsky and Taimyrsky mines and the planned closure of African Rainbow Minerals’ Nkomati mine in 2021.
Indonesia is expected to be the largest contributor to the global supply in 2021, primarily due to the expansion of domestic nickel industry and the development of the high-pressure acid leaching (HPAL) projects in the country.
Global nickel producers
DMCI Holding Inc.
DMCI Holding Inc. is a diversified company. The company operates in the Philippines, Spain, UK and the Netherlands. DMCI is headquartered in Makati City, the Philippines. It produces nickel through its wholly owned subsidiary DMCI Mining Corp., which was incorporated in 2007. The company signed a joint venture with Australia’s Rusina Mining Ltd, to directly undertake mining operations in the municipalities of Sta. Cruz and Candelaria in Zambales.
MMC Norilsk Nickel
MMC Norilsk Nickel, headquartered in Moscow, is an integrated metal and mining company in Russia. The company’s base metals product portfolio includes nickel and copper. It also provides refining, metallurgical processing and transport and logistics services. It has operations in Australia, Finland, Russia, South Africa and other countries.
Switzerland
China
Japan
Luxembourg
South Korea
Japan
United Kingdom
Australia
Japan
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward