ARTA – The director general of minerals and coal (Minerba) of the Ministry of Energy and Mineral Resources (ESDM), Tri Winarno, said that the drop in world nickel prices was heard by the weakening of the world industry, in particular China.
Ar, he said, Indonesia provides 65% of global nickel needs and is sold in the form of stainless steel which is mainly provided in the country of bamboo carpets. Thus, he considered that the drop in demand from China would have weakened the prices of nickel.
Ronyme: “Maybe it could be, maybe that is only that, it is only the market for stainless steel or for most nickel in China with an industry that is now in decline, which can be accordingly,” said TRI, quoted on Wednesday, May 7.
TRI said that the Ministry of Energy and Mineral Resources already had several strategies to stabilize the Nickel Prize. Previously, in 2021, he actively chatted with Gadjah Mada (UGM) University Yogyakata.
An: “Because the government wants that, it turns out that the answer can be, but there are applicable conditions and arrangements which are apparently very difficult for control,” added sorting.
-Thus, in the end, continued sorting, the government strategy is the planning of production according to national needs and export plans. This is also done with the feasibility study (FS) or feasibility studies and environmental impact analysis (AMDAL) as an integral part of the work plan and expenditure budget. (RKAB).
“Then we carry out an assessment of production approval at the RKAB which was granted,” he added.
TRI, which was also interiming the director general of the toll, said that his party had also set the reference price of coal (HBA) and the reference mineral price (HMA) and the reference price of coal (HPB) and the mineral reference price (HPM) as the lower sale price limit in accordance with the decree of the Special Energy and Mineral Resources N ° 72 Reference price for the sale of mineral products in metal and coal).
“Then we also carry out the development and supervision of the implementation of mining activities so that they comply with good mining practice,” said sorting.
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