Another shutdown at an Indonesian nickel mine may reduce output

IndonesiaÆs PT Antam Tbk says it will shutdown for repairs the new FeNi III smelter for about three months, likely reducing its target nickel output.

IndonesiaÆs PT Antam Tbk announced Thursday July 6 that it will shutdown for repairs the new FeNi III smelter for about three months. It has been unofficially operating since mid-February, and at capacity since mid-May.

Because of the shutdown, AntamÆs 2006 production target for nickel contained in ferronickel will be lowered to around 13,000 û 16,000 tonnes from a May target of 19,000 tonnes, although the company says ôit is too early in the investigation to determine exactly what...

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