Vale’s Q1 nickel output falls on maintenance shutdowns, operational issues

Vale’s nickel production declined in the first quarter of 2017, affected by planned maintenance shutdowns and operational challenges, the Brazilian diversified miner said on Thursday April 20.

Output of finished nickel came to 71,400 tonnes in the first three months of the year, down by 2.9% from the corresponding period of 2016. This figure also represented a 14% decline from the fourth quarter of 2016, when the miner produced 83,000 tonnes of nickel. According to Vale, the world’s largest nickel producer, this decline is “mainly due to planned maintenance shutdowns in Indonesia and Japan and operational challenges at our [Canada’s] Thompson operations”. Production at Vale’s Thompson operations came to 4,800 tonnes of nickel in the first quarter of 2017, down by 22.6% year-on-year and down 33.3%...


Danielle Assalve

April 20, 2017

15:00 GMT

São Paulo