Sally Malay boosts annual nickel output by 17 pct
Australia’s Sally Malay Mining Ltd. said on Tuesday its output of contained nickel rose 17 percent in 2006/07 to 13,255 tonnes, while a ramp-up in production to more than 20,000 tonnes a year remained on track.
The Sally Malay project produced 8,010 tonnes of nickel in concentrate in 2006/07, while its 100 percent owned Lanfranchi JV produced 5,215 tonnes of contained nickel in ore.
“Sally Malay continues to ramp up production at both sites and remains on target to produce in excess of 20,000 tonnes of contained nickel in concentrate/ore for 10 years from 2008/09,” the company said in a statement.
Shares in Sally Malay were up 0.2 percent at A$4.29 at midday in a broader market down 0.1 percent.
Source
