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Castle Peak Mining says its nickel mine will be processed in China
Oct 28,2019 23:36CST
The content below was translated by Tencent automatically for reference.

SMM10, March 28-Castle Peak Mining says it is buying nickel concentrate for production at its stainless steel plant in China.

Castle Peak, a leading stainless steel producer, is hoarding nickel pig iron in anticipation of a decline in supply of nickel pig iron to China next year.

Traders have cut LME warehouse receipts to their lowest level in 12 years after Indonesia said it had banned the export of nickel mines, while supplies of nickel mines and nickel pig iron in China have also been tight.

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Castle Peak Mining

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