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

These companies are not only major players in the Indonesian nickel industry but also play a vital role in supporting the growth of the global electric vehicle industry.

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9. PT PAM Mineral Tbk

PT Pam Mineral Tbk, established on January 15, 2008, operates in the nickel mining sector.

This company also offers shares under the ticker code NICL, operating in two regions: Southeast Sulawesi and Central Sulawesi.

NICL, a nickel mining company, posted a net profit of IDR 58.05 billion during the first quarter of 2023.

10. PT Harum Energy Tbk

Another nickel company in Indonesia is PT Harum Energy Tbk, ticker code HRUM.

This company initially operated in coal mining, but in 2021, they began expanding into the nickel commodity business.

Thanks to this, the company managed to post a net profit of US$103.02 million, a 60.2 percent increase from the net profit realized in the first quarter of last year, which was only US$62.80 million.

 

Sheila Silvina

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