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Anglo American nickel output to remain stable in 2019

  • Thursday, December 13, 2018
  • Source:ferro-alloys.com

  • Keywords:Anglo American, output, stable
[Fellow]Anglo American nickel output to remain stable in 2019

[ferro-alloys.com]Anglo American expects to produce 42,000-44,000 mt of nickel next year, in line with forecast production for 2018, the UK-listed mining group said Tuesday.

Anglo produced 44,000 mt of nickel in 2017.

For 2020 and 2021, output is expected to edge up to around 45,000 mt/year, the company said.

Anglo's nickel unit costs -- excluding royalties and depreciation -- are seen marginally lower at around $3.60/lb this year, down from $3.65/lb in 2017, and is expected to rise to around $4.00/lb in 2019.

The company's nickel assets are located in Brazil, with two ferronickel production sites -- Barro Alto and Codemin -- in the state of Goias.

(S&P Global Platts)

  • [Editor:王可]

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