02
Mar
12:38
Antam returns to modest profit
Indonesian nickel and gold miner Aneka Tambang (Antam) says it returned to profit in 2016 and plans to boost ferronickel production further. It had seen two years of losses however and still faces uncertainty over Indonesia’s mineral export policies, Kallanish notes.
Antam says it will produce 24,000 tonnes of nickel contained in its ferronickel in 2017, 19% higher than the 20,293t it produced in 2016. 2016 ferronickel output and sales increased last year …
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