REFILE-Minara Sees Nickel Output at Lower End of Target-Shanghai Metals Market

Hot Keywords

  • Zinc
  • MMi Iron Ore Port Index
  • Copper scrap
  • Aluminium
  • Copper
  • Rare earth
  • Aluminum
  • Morning comments
  • Futures movement
  • Evening comments
  • aluminum
  • Nickel
  • Inventory data
  • price forecast
  • VAT

REFILE-Minara Sees Nickel Output at Lower End of Target

Industry News 05:18:20PM Jun 04, 2010 Source:SMM

SYDNEY June 4 -- Australia's No. 2 nickel miner, Minara Resources (MRE.AX: Quote) expects to record full-year output at the lower end of its 30,000-34,000-tonne target due to equipment failure, the company said on Friday.

An investigation into a pipeline failure in a key operating circuit meant production had dropped to a reduced rate, with year-to-date output tracking at the lower end of previous guidance, it said.

 

REFILE-Minara Sees Nickel Output at Lower End of Target

Industry News 05:18:20PM Jun 04, 2010 Source:SMM

SYDNEY June 4 -- Australia's No. 2 nickel miner, Minara Resources (MRE.AX: Quote) expects to record full-year output at the lower end of its 30,000-34,000-tonne target due to equipment failure, the company said on Friday.

An investigation into a pipeline failure in a key operating circuit meant production had dropped to a reduced rate, with year-to-date output tracking at the lower end of previous guidance, it said.