SURYAKEPRI.COM – Indonesian government through the Ministry of Energy and Mineral Resources has banned nickel exports from 1 January 2020.
Regulation of the Minister of Energy and Mineral Resources which will regulate this ban is being processed at the Ministry of Law and Human Rights of the Republic of Indonesia.
Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources Bambang Gatot said the government’s reason for accelerating the ban was based on several considerations.
First is the low-grade nickel can already be processed domestically, because of the development of advanced technology.
Moreover, according to him, nickel can be used as raw material for electric car components.
Another consideration is the rapid development of nickel smelters in recent years requiring a relatively high supply of nickel from within the country.
“So we want to do the processing of low-grade nickel, including cobalt and lithium,” he said at the Energy and Mineral Resources Building, Monday (2/9/2019).
Regarding the smelter, Bambang said 25 smelters were in the process of being built so that if this was built the Republic of Indonesia had 36 nickel smelters.
“Because there are already many nickel smelters, the government wants to accelerate and move to take initiatives to stop the export of nickel for all grades of quality.” (cnbcindonesia.com)