Antam Reports 33 Percent Drop in Ferronickel Output in First Quarter of 2017

Published: May 3, 2017 13:50

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Antam released its operation report for the first quarter of 2017 ending Mar. 31.

SHANGHAI, May 3 (SMM) – Antam released its operation report for the first quarter of 2017 ending Mar. 31.

According to the report released on its website, the company produced 2,934 tonnes of nickel contained in ferronickel (TNi), down 33 percent on a yearly basis.

Antam to Restart Nickel Ore Exports in May after 3-Year Halt

The company attributed the drop mainly to roof replacement of its No. 3 electric smelting furnace and optimization of FeNi III ferronickel plant production facilities from end of 2016 to mid March 2017.

The company said to strength its commitment to meet 2017 ferronickel production target of 24,100 tonnes (TNi).

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