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Vale's nickel in matte output up 2% yoy in first quarter
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An employee walks past bags of material belonging to mining company PT Vale Indonesia in Sorowako, South Sulawesi. (JP/Ruslan Sangaji)
N
ickel in matte production at mining company PT Vale Indonesia was 2 percent higher in the first quarter of 2017 than in the corresponding period of 2016.
Output in the first three months reached 17,224 metric tons, up from 16,894 metric tons in the previous year, according to press statement from the company.
However, Vale Indonesia president director noted that this figure was lower than the production in the fourth quarter of 2016.
"Production in the first quarter of 2017 was lower as a result of planned maintenance activities," he said.
Despite the quarterly drop, Nico said he was optimistic that the firm would reach its year-end target of approximately 80,000 metric tons. (bbn)
