Indonesia’s Opens First Nickel Pig Iron Smelter

Nickel Investing

Reuters reported Indonesia has started production at its first nickel pig iron smelter has begun initial production of about 1,000 tonnes of ingots a day.

Reuters reported Indonesia has started production at its first nickel pig iron smelter has begun initial production of about 1,000 tonnes of ingots a day.

As quoted in the market news:

Indonesia, the world’s top exporter of nickel ore, slapped an export tax this year on raw mineral exports ahead of a total ban from 2014, prompting firms to announce numerous new smelter projects and billions in investment to meet the rules.

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