PT Vale Indonesia cut production to 15, 198 high-nickel in the first quarter of this year.
That was 14% lower than the same period last year, equivalent to 17,614 tonnes, and 8% lower than the fourth quarter of 2020 at 16,455 tonnes.
Nico Kanter, chairman of Vale Indonesia, explained the decline in production due to maintenance work at the smelters, but the chairman said Vale Indonesia could maintain its performance between the outbreaks.
Vale Indonesia also lowered its full-year production in 2021 to 64,000 tonnes, down from 72,237 tonnes in 2020.
In addition, due to the impact of the epidemic, the company has postponed the construction of the fourth electric furnace. The original plan is December 2020, but the delay will be May 2021.
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