Vedanta pays $246 million to regain Zambia copper mines
The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.
Indonesian state-controlled miner PT Aneka Tambang is planning to increase its nickel ore output to 8.44 million wet metric tonnes (WMT) in 2021, the company said in a statement issued late on Saturday.
This is 77% higher than its 2020 output when it produced 4.76 million WMT.
Nickel ore sales for this year are targeted at 6.71 million WMT, up 103% compared to the unaudited 3.3 million WMT nickel ore sold in 2020.
For ferronickel, output and sales are both targeted at 26,000 tonnes nickel in ferronickel (TNi), compared to 2020’s 25,970 TNi and 26,163 TNi of output and sales respectively.
Bauxite output is targeted at 3 million WMT this year, a 93% increase compared to 1.55 million WMT produced in 2020.
Bauxite sales are targeted at 2.73 million WMT, a 122% jump compared to 2020 sales of 1.23 million WMT.
(By Bernadette Christina Munthe; Editing by Ed Davies)
Comments