Indonesia’s Nickel Miners Face Squeeze from Royalty Hike

Bisnis.com, JAKARTA — Nickel mining permit holders opt to halt operations when rising royalties further squeeze their margins amid soaring production costs.

The Indonesian Nickel Miners Association (APNI) stated that escalating mining expenses have already eroded the profitability of domestic mining companies. The planned royalty hike is expected to put even greater pressure on players in the mineral and coal mining industry.