11
Feb
08:45
NICKEL: Vale output rises sequentially in Q4, weak on-year
Brazilian miner Vale has reported on-quarter growth in both its output and sales of finished nickel during Q4 of last year. Performance, however, was weak on-year both in the October-December period and throughout the year, Kallanish learns.
Production of finished nickel was 168,000 tonnes in 2021, 15,700 t or 8.5% lower than in 2020.
“The deceleration was mainly explained by the labour disruption in Sudbury, which also impacted Thompson concentrates proc…
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