Asset Report

Gwangyang nickel operation

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04 September 2018

Gwangyang nickel operation

Report summary

In January 2006, it was announced that POSCO and SMSP had formed a joint venture for the construction of a ferro nickel plant in South Korea. SMSP will provide around 1.8Mwt of ore grading 2.2% Ni to the plant which is to produce around 30kt Ni /a in FeNi (ca. 20% Ni). Construction commenced in mid-2006 and was commissioned in October 2008 at a capital cost of US$352M. The capital costs shown include the purchase of the SMSP mines at a cost of US$352M.

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
    • Mining
    • Process
  • Production
    • Cashflow
  • Timeline

Tables and charts

This report includes 7 images and tables including:

  • Key facts: Table 1
  • Location maps: Image 1
  • Participation: Table 1
  • Production: Table 1
  • Production: Image 1
  • Costs: Image 1
  • Costs: Table 1

What's included

This report contains:

  • Document

    PohNi.xls

    XLS 744.00 KB

  • Document

    Gwangyang nickel operation

    PDF 1000.24 KB