Vale sees higher 2026 copper, nickel output after investments

  • Friday, June 21, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel, ferronickel, electrolytic nickel
[Fellow]Brazilian mining giant Vale said on Thursday that an asset review initiative and investments in the key Sudbury and Salobo plants might lead to growth in its 2026 copper and nickel output when compared to its baseline scenario.

[Ferro-Alloys.com] 

Vale sees higher 2026 copper, nickel output after investments

Brazilian mining giant Vale said on Thursday that an asset review initiative and investments in the key Sudbury and Salobo plants might lead to growth in its 2026 copper and nickel output when compared to its baseline scenario.

Vale sees potential copper output in 2026 between 394,000 metric tons and 431,000 tons, about 5% higher than a December estimate, it said in a securities filing.
 
Nickel production, meanwhile, might come in at between 209,000 tons and 231,000 tons, up 10% from Vale’s baseline scenario for that year.
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