Antam?s nickel-ore output jumps 51% amid strong demand

Friday, November 1 2013 - 04:58 AM WIB

By Ruli Setiawan

IDX-listed mining company PT Aneka Tambang (Antam) said that nickel-ore production during the third quarter of this year slightly declined to 2.52 million wet metric tons (wmt) from 2.53 million tons in the same period of last year.

The company said in a quarterly report obtained Friday, however, that total production in the first nine-month period of this year jumped by 51 percent to 8.59 million wmt, compared to production figure in the same period of last year.

The company said in a quarterly report obtained Friday that the output comprised of 6.21 million wmt of high-grade nickel ores and 2.38 million wmt of low-grade nickel ore.

With the strong nickel-ore demand driven by, among others, the anticipation of the ore ban in 2014, the sales volume of nickel ores in the nine-month period of 2013 (9M13) was recorded at 6.83 million wmt with sales volumes of high-grade and low-grade nickel ore amounting to, respectively, 4.51 million wmt and 2.32 million wmt, the statement said.

The third quarter 2013 (3Q13) nickel-ore sales volume increased by 26 percent to 2.33 million wmt compared to 1.85 million wmt in the same quarter of last year.

Further details of Antam?s nickel, gold, Bauxite and silver production performance during the third quarter of 2013 can be seen in the following table.

Production Volume

Commodity Unit 3Q12 Jul-Sep 2012 9M12 Jan-Sep 2012 3Q13 Jul-Sep 2013 9M13 Jan-Sep 2013
Ferronickel TNi 5,278 13,287 4,127 14,293
High-Grade Nickel Ore Wmt 1,361,596 4,114,387 2,155,723 6,214,816
Low-Grade Nickel Ore Wmt 1,166,154 2,454,482 367,032 2,381,903
Total Nickel Ore Wmt 2,527,750 6,568,869 2,522,755 8,596,719
Gold Kg/Toz 906/29,135 2,167/69,666 586/18,833 1,851/59,520
Silver Kg/Toz 6,451/207,398 16,380/526,627 4,812/154,702 13,717/441,009
Bauxite Wmt 52,435 114,736 120,507 204,075

Sales volume

Commodity Unit 3Q12 Jul-Sep 2012 9M12 Jan-Sep 2012 3Q13 Jul-Sep 2013 9M13 Jan-Sep 2013
Ferronickel TNi 6,389 13,133 4,438 11,467
High-Grade Nickel Ore Wmt 09,199 3,037,139 1,898,028 4,512,472
Low-Grade Nickel Ore Wmt 43,675 2,006,593 434,060 2,317,195
Total Nickel Ore Wmt 1,852,874 5,043,732 2,332,088 6,829,667
Gold Kg/Toz 1,307/42,012 4,939/158,786
2,142/68,863
7,635/245,472
Silver Kg/Toz 8,528/274,191 18,527/595,669 3,135/100,783 12,849/413,105
Bauxite Wmt 33,000 64,402 55,079 109,040

Editing by Reiner Simanjuntak

Share this story

Tags:

Related News & Products