Cunico cuts output at Feni ferro-nickel plant for up to a month – sources

Cunico Resources has cut ferro-nickel production at its Feni plant in Macedonia for up to a month while it negotiates finances with the government and changes the plant's management, sources close to Feni told Metal Bulletin.

“The plant hasn’t stopped producing but they have reduced the power going in the furnaces. It’s not related to the nickel price but to a combination of cost cutting, maintenance, management changes and talks with the government over finances and power,” a source said on Friday October 6. “Banks have said they will continue to support the plant and operations should be back...

Published

Perrine Faye

October 06, 2017

14:00 GMT

London