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Antam production target for this year is 22,464 tonnes of ferronickel

  • Tuesday, March 19, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, ferronickel, steel
[Fellow]ANTAM consistently implements strategic policies in proper and efficient cost management to maximize the performance of nickel, gold, and bauxite commodities. The Company is committed to optimizing of production and sales performance of the Company's main comm...

[Ferro-Alloys.com] 

Antam production target for this year is 22,464 tonnes of ferronickel

ANTAM consistently implements strategic policies in proper and efficient cost management to maximize the performance of nickel, gold, and bauxite commodities. The Company is committed to optimizing of production and sales performance of the Company's main commodity in 2024.

In 2024, ANTAM targeted a total volume of ferronickel production and sales of 22,464 ton nickel within ferronickel (TNi), 5% growth compared to unaudited ferronickel production in 2023 of 21,473 TNi and 12% growth compared to unaudited ferronickel sales in 2023 of 20,138 TNi. The ferronickel production and sales target set by the Company also considers the outlook of ferronickel product absorption in the global market, market conditions, and optimum utilization rate and operational stability of ANTAM ferronickel plant in Kolaka, Southeast Sulawesi.
 
Meanwhile, on the nickel ore commodity, ANTAM targeted a total volume of consolidated nickel ore production in 2024, which is used as ANTAM ferronickel plant feed ore material as well as being sold to domestic market customers amounting, to 20.58 million wet metric tons (wmt), 53% growth compared to unaudited nickel ore production in 2023 of 13.45 million wmt. Moreover, ANTAM's nickel ore sales target for 2024 amounting to 18.75 million wmt or increased to 60% from the unaudited nickel ore sales in 2023 of 11.71 million wmt. The nickel ore sales target is in line with the positive outlook of the national nickel downstream industry.
 
 
  • [Editor:邢亞敏]

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