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03 DECEMBER 2018 AL CIRCLE

Indonesia's Antam to export 2.8 million tonnes of bauxite in 2019

EDITED BY : HEENA IQBAL 1MINS READ

According to news published by Reuters, Indonesian state miner PT Aneka Tambang Tbk (Antam) is aiming to export 2.8 million tonnes of bauxite in 2019, more than triple the estimated 850,000 tonnes in shipments for 2018, Chief Executive Arie Prabowo Ariotedjo told reporters.

Ariotedjo said the compay will construct new smelters with Aluminium Corporation of China (Chalco), which will give the company additional export quota for unprocessed metals. The government grants mineral ore export permits to companies which are building smelters.

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In April, Antam obtained a new permit recommendation from Energy and Mineral Resources Ministry for bauxite and nickel exports.  This would support their plans to boost production and sales of bauxite and nickel.

“Antam's exports of nickel and bauxite ore will support our mineral processing activities that have been running since 1974, in line with the operations of our FeNi I ferronickel plant [in Pomalaa, Southeast Sulawesi],” Ariotedjo said earlier.

Antam had exported a total 766,000 wmt of washed bauxite in 2017, contributing about 735 billion Indonesian rupees (US$51.45 million) to the government’s revenues.

Tagged with:

Indonesia New projects

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EDITED BY : HEENA IQBAL 1MINS READ

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