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Category: Policy & Regulation

Increased royalty rates not expected to affect nickel production

Indonesia is increasing the royalty rates that the government takes on metals mined within the country. The Indonesian government has proposed a tiered royalty structure on nickel ore sales, ranging between 14–19%, depending on the prevailing nickel price. This would replace the current flat rate of 10%. A 14% rate would apply when nickel prices are below $18,000 /t, increasing progressively to 19% for LME prices above $31,000 /t. The royalty is calculated based on revenue from nickel ore sales.

Green ammonia plant submitted for environmental approval

Hy2gen says that it has submitted its Courant renewable ammonia project to Quebec’s Minister of the Environment, marking the end of the planning stage. The Ministry will now define an impact study that Hy2gen must carry out to ensure that the project meets safety and environmental impact requirements. Project Courant aims to produce 230,000 t/a of low carbon ammonia for the local mining industry and region around Baie-Comeau, Quebec, using 300 MW of electrolyser capacity to generate renewable hydrogen in what Hy2gen says will be one of the largest renewable ammonia projects in North America. The plant is due to become operational in 2030.

EC starts tracking of industrial chemicals

The European Commission (EC) says it has begun tracking European imports of certain ethylene and ammonia products, to allow it to react quickly to level the playing field if the monitoring points to a surge of imports causing or threatening to cause injury to the EU industry. This surveillance has been put in place in response to evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals. It covers imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen, and ammonium sulphate from all countries, and should remain in place for a period of three years.