Brazil’s Vale close to becoming world’s largest nickel producer

Brazil’s Vale close to becoming world’s largest nickel producer

Brazil’s Vale is growing its nickel output at a pace that not even its own executives were able to predict, with the Rio de Janeiro-based iron ore giant posting Thursday a 16% production increase of the stainless steel ingredient.

Nickel production totalled 72,100 tonnes in the September quarter, which is the best third-quarter performance since 2008, Vale said.

Read more at: http://www.mining.com/brazils-vale-close-to-becoming-worlds-largest-nickel-producer-22078/

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