Indonesia nickel move may cut global supply by 35%, Macquarie says
Indonesian mine output remains the key swing factor for prices, according to Macquarie.
Brazilian miner Vale SA said on Thursday that a judge had restored the operating license at its Onça Puma nickel mine in the state of Para and that mining activity had resumed.
The company said on Monday that a state agency had suspended its operating license due to an alleged non-compliance with local regulations.
(By Stephen Eisenhammer; Editing by Chizu Nomiyama)
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