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Indonesia's Antam's nickel-iron production and sales volume hit a record high in 2017

- Apr 06, 2018 -

Indonesia's Antam's nickel-iron production and sales volume hit a record high in 2017


  Antam, a state-owned miner in Indonesia, issued a report showing that its unaudited net sales in 2017 reached Rs 12.55 trillion, an increase of approximately 38% year-on-year, of which the fourth-quarter growth was approximately 110% year-on-year to Rs 5.59 trillion. .



Antam, a state-owned miner in Indonesia, issued a report showing that its unaudited net sales in 2017 reached Rs 12.55 trillion, an increase of approximately 38% year-on-year, of which the fourth-quarter growth was approximately 110% year-on-year to Rs 5.59 trillion. .


In 2017, Antam’s nickel and iron production and sales all reached a record high: Production increased by approximately 7.2% to 21,762 tons of nickel, and sales volume increased by approximately 4.4% to 21,813 tons of nickel. Among them, the output of the fourth quarter increased by approximately 0.8% to 5949 tons of nickel, and the sales volume increased by approximately 2.3% to 8,997 tons of nickel. In 2017, net sales of ferronickel rose by about 14% year-on-year to 3.17 trillion rupees, ranking second after gold, with the fourth quarter up by nearly 11% year-on-year to 1.43 trillion rupees.


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