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    BHP Colombia Nickel Mine Increases Output

    Investing News Network
    Apr. 19, 2012 03:43PM PST
    Base Metals Investing

    Reuters reported nickel production in BHP Billiton (NYSE:BHP) Cerro Matoso mine in Colombia rose 72 percent in the first quarter from the year earlier.

    Reuters reported nickel production in BHP Billiton (NYSE:BHP) Cerro Matoso mine in Colombia rose 72 percent in the first quarter from the year earlier.

    As quoted in the press release:

    Colombia’s only nickel mine – with 21 million metric tons of proven reserves – produces about 4 percent of the world’s nickel, and 10 percent of global ferro nickel. Ferro nickel is an iron ore-nickel combination mostly used in steel making.

    Click here to read the full Reuters report.

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