Vale Indonesia targets 74,000 T nickel in matte output in 2019
Lower production this year is due to a 10-week shutdown started in mid-February to the third week of April.
Lower production this year is due to a 10-week shutdown started in mid-February to the third week of April.
Nornickel aims to ramp up nickel output and tap an expected boom in demand from electric vehicle makers.
The Manibridge nickel deposit was first discovered in 1963 and it sits on the Thompson Nickel Belt, the fifth largest and third highest grade sulphide nickel belt in the world.
DMCI's mines were among those ordered shut in 2016 when the government launched an industry-wide crackdown on miners.
Jervois, whose management is made up of ex-Glencore executives, is developing the Nico Young deposit in southeastern Australia.
New report shows in January 2019, the Chinese market saw 253% more nickel deployed in passenger EV batteries compared to a year ago.
Nickel Asia accounts for about half of the nickel ore output in the world's second-biggest supplier of the metal.
Roman Abramovich's company sold $551 million worth of shares earlier this month.
The shares, accounting for a 1.7% stake in the world's largest palladium producer, were bought predominantly by British-based investors, with Russian investors also buying a third of the shares.
Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.