5 Nickel Mining Control Companies In Indonesia, There Are Red Plate Issuers

Illustration of nickel ore exploration (Unsplash)

YOGYAKARTA Indonesia is one of the countries with the largest nickel reserves in Indonesia. This means that Indonesia plays an important role in the supply of global nickel raw materials.

Based on data from the Ministry of Energy and Mineral Resources (ESDM), nickel mines in Indonesia are spread across seven provinces, including Maluku, North Maluku, Papua, West Papua, South Sulawesi, Central Sulawesi, and Southeast Sulawesi. The total area of nickel mines in the seven provinces is 520,877.07 hectares (ha).

So, what are the mining companies that are exploring nickel in the seven provinces? Check out the full information below.

Summarized from various sources, the following is a list of companies that are the rulers of nickel mining in Indonesia:

The company is exploring nickel in Morowali Regency, Central Sulawesi. They managed to control 50 percent of downstream nickel production since 2021.

PT Indonesia Morowali Industrial Park (IMIP is integrated with its main products in the form of nickel, stainless steel and carbon steel. In addition, PT IMIP also has a supporting industry that starts to stretch from coal power plants, manganese factories, silicon, chrome, lime, kokas, and others, to ports and airports.

The majority of PT IMIP's shares are controlled by Shanghai Decent Investment (49.69 percent). Next, PT Sulawesi Mining Investment (25 percent) and PT Bintang Eight Investment (25.31 percent).

These three companies jointly built the first ferronickel smelter in Bahodopi, Morowali, with a capacity of 300 thousand tons per year.

PT Vale Indonesia Tbk (INCO) is exploring nickel in a number of areas in Indonesia, including:

The company that manages nickel mines in Indonesia is PT Aneka Tambang.

This red plate mining issuer explores nickel in a number of areas, including:

In addition to exploring nickel, Antam also dredges other mineral commodities, such as gold, silver, bauxite and coal.

In 2021, PT Aneka Tambang (ANTM) managed to record a net profit of IDR 1.8 trillion from the total revenue of IDR 38 trillion).

PT Central Omega Resources Tbk is one of the public companies in Indonesia engaged in mining, trading, and nickel processing.

Trade in mining products is carried out through subsidiaries. The commodities traded include nickel ore and ferronickel originating from the mining area, and purification in Central Sulawesi.

mineral processing activities carried out by PT Central Omega Resources include nickel refining process, to produce ferronicles (FeNi) and nickel pig iron (NPI).

PT Ifishdeco Tbk., is an integrated nickel mining company. The company, which was founded on June 9, 1971, was originally engaged in the fishery industry, then agribusiness.

In 2011, the issuer with the stock code DKFT shifted the industrial business to mining, because the agribusiness gardens they manage are rich in nickel and iron.

Now, DKFT has a permit to explore nickel in the Southeast Sulawesi region. The total land they manage reaches 2,580 ha.

That's information about nickel mining company in Indonesia. To get other interesting news, keep reading VOI.ID.