20 December 2024 – Indonesia is considering reducing the mining quotas for nickel ore by more than 120 million tons (-45%) in 2025. The Stainless Espresso team wishes you a Merry Christmas and a Happy New Year.
Indonesia mulls slashing nickel mining quotas in 2025
According to various media reports, the Indonesian government is considering a drastic reduction in the mining quotas for nickel ore in 2025. After the quotas for nickel ore in 2024 were around 272 million tons, these could be reduced by up to 45% (approx. 122 million tons) next year.
According to unnamed government sources, this should strengthen nickel prices in 2025. Another reason for this is probably that the known Indonesian stocks of high-grade nickel ore (nickel content 1.5%+) are dwindling rapidly and are likely to be exhausted in a few years. In recent months, government representatives have increasingly drawn attention to this fact.
Merry Christmas and a Happy New Year
The Stainless Espresso team and the entire Gerber Group would like to wish all our readers a Merry Christmas and a Happy New Year and a successful start to 2025. Stainless Espresso is taking a short break and will be back in full swing for you from 6 January.
Latest news
- EU launches new safeguard investigation on raw materials
- How do EU steel makers really earn their money?
- EU Safeguard Review on steel imports launched on 17 December
We at the Gerber Group have been trading in stainless steel worldwide for over 20 years. We are your experts when it comes to purchasing, import, logistics and services. Information is a vital part of this. Because only then can you and we make the right decisions. Do you have any questions? Contact us now.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.
