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[ferro-alloys.com]In the first nine month of 2018(9M18), ANTAM’s main comodity production and sales performance recorded a positive growth compared to the same period in 2017

The production volume of ferronickel in the first nine months in 2018 reached 19264 tons of nickel contained in ferronickel, a 21% increase compared to ferronickel production level of 15813 tons in first 9 months in 2017. In the third quarter of 2018, ferronickel production volume reached 6453 tons.

In 9M18, ANTAM posted ferronickel sale volume of 19149 tons, a 49% growth compared to ferronickel sales volume in 9M18 of 12816 tons. Meanwhile, the ferronickel sales in third quarter in 2018 amounted to 6570 tons, increased by 6% compared to sales volume of 6181 tons in the third quarter in 2017.

Higher ferronickel production and sales volume in 9M18 is supported by ANTAM’s ferronickel plant performance in Pomalaa which meets the operation stability with production capacity until 27000 tons per year.

In the first quarter in 2018, ANTAM received the renewal recommentation permit of mineral export for low grade nickel ore (<1.7% Ni) amounted to 2.7 millioin wet metric ton (wmt) from the Ministry of Energy and Mineral Resources (MEMR) for the period of 2018-2019. In 2017, ANTAM has obtained mineral export licence of low grade nickel with total amount of 3.9 million wmt in which the export license of 2.7 million was acquired in March 2017 and the rest license of 1.2 million wmt was obtained in October 2017 inline with the East Halmahera Ferronickel plant Development Project in North Maluku with 13500 tons per year capacity.

Total production of nickel ore in 9M18, which was used as ore feed for ANTAM’s ferronickel plant as well as being sold to domestic third party smelter and export market, amounted to 6.49 million wmt consisting of 3.16 million wmt of high grade nickel ore and 3.33 million wmt low grade nickel ore. Total nickel ore production volume in 9M18 increases to 84% compared to nickel ore production level of 3.51 million wmt in 9M17.

In 9M18, ANTAM recorded unaudited total nickel ore sales volume of 4.1 million wmt, increased by 99% compared to nickel ore sales volum in 9M17 of 2.06 million wmt

In third quarter in 2018, ANTAM’s total nickel ore production reached 2.72 million wmt with sales volume of 2.18 million wmt.

(ANTAM offical website)

• [Editor:王可]