Indonesia has allocated mining production quotas for 152.62 million metric tons of nickel ore and 44,481.63 tons of tin in 2024. The government is focused on expediting the approval process, with a total of 191 miners receiving approvals for various minerals, including nickel, tin, copper, and bauxite. Delays in the approval process have been attributed to changes this year, prompting authorities to urge miners to fulfill requirements promptly. The backlog has impacted exports and influenced global nickel and tin prices, emphasizing the significance of efficient quota allocation and production processes.
Indonesia Issues Nickel and Tin Production Quotas, Aims to Streamline Approval Process