Page 24 - ANC22-Presentations-Weds

Regional Overview: Indonesia

• Indonesia, Nickel Giant places high in the 3 Quartile of cost curve
rd
• The 2022 discount for both NPI and FeNi is pushing Indonesia
higher in the cost curve. CRU has not yet finalized the final 2022
discount but is expecting to see Indonesia costs move to the right
Indonesia sits in the 3rd quartile of the cost curve
Cost curve by country highlight, 2022, $t/Ni
Royalties Costs
30,000 Labour Costs
Power Costs
25,000 Fuel Costs
Explosives Costs
20,000
Coke Costs
Grinding Media Cost
15,000
Average Site Consumables Costs
Cost 10,450 $/t Maintenance Costs
10,000
Ore Purchase Costs

5,000

0

-5,000

Data: CRU 16