Jinchuan furnace outage will cut copper, nickel output for 3-4 months
Jinchuan’s declaration of force majeure is likely to see the smelter reduce copper output by 100,000 tonnes and nickel output by 30,000 tonnes, according to a source doing business with the company.
The equipment failure happened in the furnace at Jinchuan’s Gansu smelter, according to a second source, with knowledge of the situation. The Gansu smelter has a fully-operational copper capacity of about 400,000 tpy and a nickel capacity of about 150,000 tpy.
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