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Bloomberg reported Pacific Metals Co. (TYO:5541) said it will increase ferro-nickel production by 21 percent this year after an earthquake and tsunami disrupted production in 2011.
Bloomberg reported Pacific Metals Co. (TYO:5541) said it will increase ferro-nickel production by 21 percent this year after an earthquake and tsunami disrupted production in 2011.
As quoted in the market news:
Output will rise to 34,800 metric tons in the year that started on April 1 from 28,700 tons a year earlier, Kosuke Naradate, a company spokesman, said by phone today. The Hachinohe plant in Aomori prefecture, northern Japan, has an annual capacity equivalent to 44,000 tons of refined nickel, according to the company.