Vale's nickel projects will be gradually put into operation
According to Vale's news, the company's located in New Caledonia's Goro project is likely to be commissioned in early 2010, while in Brazil, Onca Puma project put into operation in the third quarter of 2011. Goro project design capacity of 60,000 tons of nickel oxide / year, 4600 tons of cobalt / year. But its said that next year's Goro project is likely to produce only 20,000 tons of nickel. Goro project a total investment of 4.3 billion.
Onca Puma nickel laterite project is mainly the use of nickel-iron ore production to design capacity of 58,000 tons of nickel / year. The total investment amounted to 2.3 billion.
Vale company said that at present about 60% of the company's products are mainly used in non-nickel stainless steel areas (such as electroplating, alloy), Goro project and Onca Puma project have put into operation, the company will have more of nickel used in stainless steel field, enables the company's nickel product applications more reasonable..
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