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

5. PT Resource Alam Indonesia Tbk (KKGI)

PT Resource Alam Indonesia Tbk, with the ticker code KKGI, is one of the mining companies most sought after by investors.

The company launched its initial public offering in July 1991, selling 4.5 million shares at an offering price of IDR 5,700 per share.

In 2023, the company began expanding nickel production in several areas of Southeast Sulawesi, targeting a production of 600,000 tons.

Furthermore, the company plans to increase coal production and distribution by four tons in line with market demand.

6. PT Bintang Delapan Mineral

Part of the Bintang Delapan Group, it has a large concession in Morowali, Central Sulawesi.

With a nickel smelter, this company plays a key role in the region's nickel supply.

7. PT Timah Tbk

This mining company, with the stock code TINS, is engaged in the production and export of tin metal. Its main business activities include exploration, mining, processing, and production of nickel.

According to their official website, the company posted a net profit of IDR 1.04 trillion in 2022.

This is their biggest achievement, considering that 2022 experienced significant fluctuations in tin prices.

8. PT Trimegah Bangun Persada (Harita Group)

This company is part of the Harita Group, which is prominent in Kawasi, North Maluku, and South Halmahera.

Through its subsidiary, Halmahera Persada Lygend, the company owns the world's largest nickel sulfate plant on Obi Island, with a production capacity of 240,000 tons per year.

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