[Ferro-Alloys.com] Nickel smelter developers are putting projects on hold as they struggle to get financing with metal prices near their lowest in more than a decade, industry and government stakeholders said on Wednesday.
It’s said that Jinchuan Group has been approved to set up a joint venture with Trafigura to build a seaport in Southwesten Guangxi province in order to cut costs of importing raw materials.
Ukraine's exports of ferronickel in the first eight months of the year fell 6.1% year on year to 68,850 mt, down from 73,340 mt exported in the same period last year, the state statistics service said Tuesday.
PT Antam Tbk, Indonesia announced at the end of last week that the expansion project for Pomalaa plant was completed at the end of July, and No.5 oxygen plant as part of this project started operation.
Mining and explosion company First Nickel resumed normal operations on Monday, following an underground explosion at its Lockerby mine, south-west of Sudbury, in Ontario, on Sunday morning.
Canada’s Sherritt International Corporation said the nickel output for the Ambatovy Joint Venture totaled 3,410 tons (100% basis) in June, down by 12% compared to the last month.