Indonesian state miner Aneka Tambang (Antam) announced on Monday that its nickel ore output for the first three months of 2021 stood at 2.64 million wet metric tonnes (WMT), a 319% surge compared to 629,000 WMT in the same period in 2020.
However, Antam did not reveal the reason behind the four-fold increase in nickel ore output. The company also announced its nickel ore sales at 1.6 million wet metric tonnes in the first quarter.
Indonesia targets to become a global EV hub
Indonesia is one of the world’s biggest producers of nickel ore, a key ingredient in Electric Vehicle (EV) batteries.
The country aims to become a global hub for producing and exporting EVs. For achieving this target, Indonesia has vowed to ramp up the processing of nickel laterite ore for use in lithium batteries.
Antam’s TNi, bauxite outputs and sales
On Monday, Aneka Tambang also reported the outputs and sales of its ferronickel and bauxite.
The company said that its ferronickel output declined by 0.2% for January-March to 6,300 tonnes nickel in ferronickel (TNi) compared to a year ago. Meanwhile, the ferronickel sales for Q1 slipped 12% to 5,624 TNi, from 6,379 TNi sold last year.
The company reported that the first quarter bauxite output jumped to 557,354 WMT from 330,984 WMT in 2020. Antam reported that the bauxite sales also moved higher, from 55,277 WMT in 2020 to 384,785 WMT this year.