Foreign media news on August 24: In Indonesia, the world's largest nickel producer, nickel ore prices have risen by about 10% in recent weeks as a government investigation into mining quotas has disrupted nickel production. Indonesia's Attorney General's Office (AGO) launched an investigation into illegal mining in June, leading to the arrest of a senior government official earlier this month and the disruption of operations at Mandiodo, a key mine of state-owned miner Aneka Tambang. Dozens of nickel smelters in Indonesia are now rushing to stockpile ore, driving up prices for the material. A manager at a Chinese-owned smelter said smelters were scrambling for ore and worried about a shortage of supplies, especially after big buyers raised prices. He added that many smelters do not have a lot of nickel ore in stock and if the current situation persists, it could see some smelters shutting down.
Indonesia probes illegal mining in June disrupts nickel output
This article is from the Internet, does not represent the position of Epoxy curing agent, reproduced please specify the source.https://www.dmp-30.vip/archives/6350