Vale expects no increase in nickel output
Jakarta-listed nickel miner Vale Indonesia expects flat growth in its nickel production this year amid uncertainty in the negotiation of its contracts with the government.
According to figures presented to the House of Representatives Commission VII overseeing energy on Wednesday, Vale Indonesia — the local unit of Brazilian mining giant Vale — expected to produce 79,691 tons of nickel (TNi) this year, almost the same as company’s 2013 production target of 79,552 TNi.
Read more at: http://www.thejakartapost.com/news/2014/02/13/vale-expects-no-increase-nickel-output.html
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