10 Largest Nickel Mines in Indonesia, 40 Percent of the World's Nickel from Indonesia

Since 2008, the company has been involved in nickel ore mining and in 2011, it began exporting nickel ore abroad.

In a relatively short time, the company has been able to produce 3 million tons of nickel ore per year.

The company's nickel ore mines are located in Sulawesi, home to one of the world's largest reserves of laterite nickel. Specifically, they are located in Morowali, Central Sulawesi, and North Konawe, Southeast Sulawesi.

The company is engaged in mining, mineral processing, and trading of mining products.

Despite a loss in the first quarter of 2023, DKFT previously recorded a profit of IDR 6.93 billion in the first quarter of 2022.

The company plays a crucial role in supplying nickel ore and ferronickel to Central Sulawesi.

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4. PT Ifishdeco Tbk (IFSH) PT Ifishdeco Tbk (IFSH)

PT Ifishdeco TBK is a company engaged in nickel ore mining.

This company also conducts various business activities including nickel exploration, development, and sales, based in Southeast Sulawesi.

PT Ifishdeco TBK, code-named IFSH, achieved fantastic results throughout 2021, with net sales of IDR 906.25 billion and a net profit of IDR 159.07 billion.

At the beginning of 2023, IFSH posted a net profit of IDR 20.4 billion. This figure is considered less than satisfactory compared to their achievement in the first quarter of 2022, which was IDR 36.6 billion.

Engaged in mining, mineral processing, and trading of mining products.

Despite experiencing a loss in the first quarter of 2023, DKFT had previously recorded a profit of IDR 6.93 billion in the first quarter of 2022.

This company plays a crucial role in the supply of nickel ore and ferronickel in Central Sulawesi.

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