Nickel market continues to frustrate Norilsk

Production and Markets

Publishing Date: 28 Nov 2008 6:56pm GMT
Issue/Supplement: 28/11/08
Author: Mining Journal

The world’s top nickel producer OAO Norilsk Nickel has suspended production at its Waterloo and Silver Swan underground nickel mines in Western Australia owing to plummeting prices for the metal.

This article is restricted to subscribers of this publication. Please log in at the bottom of this article or click here or the button to the right to find out about how to become a subscriber to view this and more premium content.

ALSO IN THE ARCHIVE...

More News By Subject

Production and Markets

Article Issue

Read the issue this article was published in

Comments

It is vital to react quickly and effectively to market downturns. However, steel is and will remain a crucial commodity for growth anywhere in the world. Now is a good time to invest in optimising Nickel ore recovery efficiency to minimise losses from inefficient processes when demand hockey-sticks in response to the hysteresis in steel consumption. It won't be a long wait; use this "quiet time" now wisely. Charles Peterson: Amsterdam,Netherlands
It is vital to react quickly and effectively to market downturns. However, steel is and will remain a crucial commodity for growth anywhere in the world. Now is a good time to invest in optimising Nickel ore recovery efficiency to minimise losses from inefficient processes when demand hockey-sticks in response to the hysteresis in steel consumption. It won't be a long wait; use this "quiet time" now wisely. Charles Peterson: Amsterdam,Netherlands