Nickel

Fox Business reports Vale SA (NYSE:VALE) reports that in 2011 the company plans to start commercial nickel metal production at its Vale New Caledonia nickel plant.

Fox Business reports Vale SA (NYSE:VALE) reports that in 2011 the company plans to start commercial nickel metal production at its Vale New Caledonia nickel plant.

The market news is quoted as saying:

Vale produced 179,000 tons of nickel in 2010, down 4.2% from 2009 levels due to strike action at some mines in Canada. Output is set to grow in 2011 due to output from VNC and after the recent start-up of operations at Vale’s 58,000 tons a year capacity Onca Puma nickel mine in Brazil.

Click here to access the entire news

MARKETS

Markets
TSX18445.89-35.09
TSXV576.58-1.48
DOW29404.83-185.58
S&P 5003675.67-17.56
NASD10872.82+4.90
ASX6574.70-125.50

COMMODITIES

Commodities
Gold1634.73-9.24
Silver18.74-0.03
Copper3.30-0.04
Palladium2046.00-26.00
Platinum860.000.00
Oil77.80-0.94
Heating Oil3.07-0.09
Natural Gas6.74-0.09

DOWNLOAD FREE REPORTS

×