Indonesia's January-October Nickel Ore Imports Surge to 9.3 Million Metric Tons

MINERAL COMMODITY - JAKARTA. Indonesia's imports of nickel ore surged to 9.3 million metric tons in the first ten months of 2024, more than 50 times the corresponding figure of 161,917 tons for the year earlier period, the statistics bureau said on Friday.

The world's biggest nickel producer has bought record volumes of the ore from the Philippines since April as smelter demand rose and Jakarta delayed the issue of mining quotas with heavy rains hurting mining activity, Reuters reported.