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18 Oct
07:49

PT Vale’s Q3 production gains after furnace retrofit

PT Vale Indonesia Tbk on Monday released its third quarter production report, indicating a significant rebound from Q2, Kallanish observes. The company produced 17,513 tonnes of nickel in matte in the reporting quarter, about 39% higher than the production volume realised in Q2 but 3% lower on-year. “[The quarterly production hike] is due to the completion of Furnace 4 rebuild in June 2022 and we successfully ramped up Furnace 4 in Q3,” said PT …
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