Talvivaara Revises Nickel Production Target for Year

IBTimes reported Talvivaara Mining Company’s (LSE:TALV) short term focus has shifted from maximising production volume to optimising profitability.

As quoted in the market news:

In its interim report for January-September 2011 the company reported solid financial performance whilst working to overcome operational challenges.

For Q3 2011, the company reported nickel production of 3,153t, adversely impacted by problems in hydrogen sulphide generators. The company showed net sales of EUR60.6m and an operating profit of EUR 5.5m.

Click here to read the full IBTimes report.