Indonesia released second list of companies allowed to export nickel ore
Topics: INDONESIA EXPORT NICKEL ORE
The move signifies an end to the inspections of ore export rules violations in late October which caused a temporary suspension of exports.
The Indonesian government allowed nine companies to resume nickel ore exports earlier this month.
Except for the nine companies, all Indonesian nickel ore exporters who have smelter projects in the pipeline were included in the latest list.
The document did not explicitly state that which companies are allowed to resume nickel ore export.
But it was mentioned that miners that has nickel ore with less than 1.7% NI content, exporters that hold export permits (approved by the trade ministry) and valid export quotas (approved by the energy and mineral resources ministry) and smelter projects that passed official review are allowed to export nickel ore with less than 1.7% Ni content.
Companies on the list can resume nickel ore exports after they receive the green light from the energy and mineral resources ministry and Indonesian customs.
Chinese nickel ore importers are expected to see only about 60 vessels returning from Indonesia this month, with some vessels carrying no or fewer than originally planned nickel ore due to the sudden investigations. ■