Indonesia's January-August nickel ore imports from Philippines rise by 65% on year

By Reuters News

JAKARTA, Oct 5 (Reuters) - Indonesia imported 13.52 million metric tons of nickel ore from the Philippines in the January to August period of this year, a 65.75% increase over the same period of last year, statistics bureau data showed on Monday.

  • The nickel ore imports from the Philippines were worth $808.05 million, Statistics Indonesia said.

  • In August, Indonesia imported 2.13 million tons of nickel ore, 24% lower than the July shipment, the agency's data showed.

  • Top nickel exporter Indonesia has the world's largest nickel ore reserves, but the government is tightening its annual mining quota to support prices.

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