They were all a long time coming, but the "magnificent seven", namely Ambatovy, Barro Alto, Koniambo, Ramu, Ravensthorpe, VNC are all up and running and Onça Puma should be back on line by the end of the year. Pressure on profitability aside, these projects at capacity will add around 340kt Ni/a to global supply (ca. 15-20% of global production) and all have come together at a time when the global economy has slowed, leaving the market in surplus, the nickel price languishing at a level...
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Insight | Aug 2013
The Magnificent Seven: Current status of new laterite nickel projects
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