- | $NIKL is increasing production at its Cagdianao mine site by 10% next year |
- | Next year’s production would be higher than the 2.354 million WMT target for this year |
- | The mine can produce up to 5 million WMT of nickel, which is used for the production of stainless steel |
| $NIKL boosting production |
Nickel Asia Corp. is increasing production at its Cagdianao mine site by 10% next year, as it anticipates an improvement in nickel prices as Indonesia begins implementing a nickel export ban.The Cagdianao mine site is located in Barangay Valencia in the municipality of Cagdianao, Dinagat Islands in the Caraga Region. It has a total Mineral Production Sharing Agreement (MPSA) for 697 hectares, a third of which is mineable.
October 8, 2019 10:05 am