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Reuters reported nickel production growth has come in below expectations as once again the HPAL projects have failed to deliver.
Reuters reported nickel production growth has come in below expectations as once again the HPAL projects have failed to deliver.
The market news is quoted as saying,
Latest figures on imports of nickel laterite ore from the China Nonferrous Metals Industry Association suggests that production growth from this source remains exceptionally strong.
The country imported a record 4.63 million tonnes in July – the third consecutive month of fresh highs and 85 percent up on the same month last year – as shipments of low-grade ores from the Philippines surged once again. At 21.209 million tonnes, the cumulative total was up by 72 percent year-on-year.