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History of Indonesian Nickel Mining

History of Indonesian Nickel Mining

History of Indonesian Nickel Mining

Indonesian Nickel Mining – Indonesia is a country with assorted kinds of mining. One of the biggest is including nickel mining. Several major places in the country deliver a huge source of nickel.

To get introduced with its related information, it is a good thing to start with the history of Indonesian Nickel mining.

So that it can educate on how nickel mining is developed in this country, and how does the mining extend until today.

This article will help to deliver the information. Starting from the history of Indonesian nickel mining, the activities, the production, and information of the current top three nickel mining companies in the country. To get this brief description, continue with the below paragraph.

 

The Start of Indonesian Nickel Mining

The history of Indonesian nickel mining starts in 1901 at Verbeek Mountains in Sulawesi. It was firstly found by Dutch mineralogists and soon become the first nickel mining area.

The area is known as Kolaka Regency, and it was developing to support nickel production for the needs of exporting to other countries.

Later on, in 1934 a Canadian mineralogist continue the exploration and plan to expand the mining. This is the start where INCO is established in Indonesia and runs the nickel mining block in Soroako, which is located not far from Kolaka.

The initial production in this Indonesian starts in 1941. But once Indonesia reach independence in 1945, the area took over by the Indonesian government.

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Nickel Mining Growth in Indonesia

Since nickel mining has a quite interesting prospect in Indonesia, Indonesian nickel mining is keep developing every year.

Furthermore, a huge source in Sulawesi is still in explore to find out a new area to expand. Therefore, the study and analysis of nickel ore are performed every time in the country.

For information that nickel ore is one of the important content that has to be considered. A good ore will help to produce good nickel too. So that Indonesia nickel mining can keep its extend to become one of the biggest nickel reserves in the world.

Following this fact, various smelter in Indonesian mining appears. Not only to support the needs of nickel export, since there are several regulations related to this exporting activity.

But, the production also aims to supply the local industry needs in terms of various industry activities. Nickel is a major part to develop machinery spare parts, electricity wire, and many more.

With this purpose, several major smelters in Indonesia can reach a capacity of up to 90 thousand tons per year. This is accommodating by having around more than 20 smelters in Indonesia.

Furthermore, this number of the smelter will be increasing more and targeted to reach up to 30 smelters by next year. This will put Indonesia as a big competitor in the world in terms of nickel production and supply.

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Nickel Mining Production and Trade

Nickel Mining Production | Indonesian Nickel Mining

In 2014, Indonesia decide to ban nickel export and then committed to developing local smelter industries. This is where small companies start to include in the mining business and increase nickel production.

The ban also affected the nickel price, where the price extremely increases up to 8.8%. However, it also affects the small nickel companies in Indonesia.

Since the fluctuation can be very extreme so that endangered the establish of small companies due to the price fluctuation.

Regarding these issues, a minimum price is set up by the government. So that until today various small nickel companies can still perform their operation in several nickel blocks in Indonesia.

It is nice to know that nickel mining is one of the major support for lithium batteries supply chain around the world.

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Top Indonesian Nickel Mining Location

It is exciting to know that Indonesia has several top nickel mining locations. The contribution of this top area in the nickel industry has been known for quite a long. The nickel trade within Indonesia whether for local industries or exporting is affected from these major places. The Indonesian nickel mining locations including the following list.

  • Luwu, South Sulawesi which has been acknowledging for many years.
  • Soroako, South Sulawesi
  • Kolaka, South East Sulawesi
  • Morowali, Mid Sulawesi which is also the biggest nickel mining area in the country and is run by various nickel mining companies.
  • Halmahera, South Maluku which considers the biggest nickel mining in Maluku.
  • Ternate Island, South Maluku which contributes most to the nickel export for Asian countries.
  • Gag Island, West Papua which is located in the Raja Ampat area and is rich in various mineral resources including nickel mining.

By reading the information related to Indonesian nickel mining above, hopefully, can help to bring a clear overview of the industry.

It is exciting to get to know about one of the Indonesian treasure resources. Most important, it shall be noted that defining good resources of nickel needs some effort.

One of the ways is by performing the mineral parameter analysis for the nickel content. To help with this matter, trust it to PT Tribhakti Investama.

Visit www.tribhakti.com and contact us to get the best price for performing all your necessary analysis services of your nickel production.