At present, the full operation of the Atlantic Nickel:Santa Rita nickel mine has completed the shipment ahead of schedule.

Published: Jun 03, 2020 10:46 (GMT+8)

SMM6 March 3: recently, Atlantic Nickel said that the Santa Rita mine in Brazil completed the first shipment in early January and the second and third shipments ahead of schedule by the end of the first quarter.

The Santa Rita mine, one of the largest open-pit nickel sulphide mines in the world, is still in full operation with limited disruption to the supply chain.

To date, the company has produced more than 30000 tons of nickel concentrate since its restart and is expected to increase to 105000 tons by the end of 2020.

Previously, cheap nickel, Santa Rita ceased operations in 2015, and plans to restart the mine were launched when Appian Capital, a consultancy that supports Atlantic Nickel, bought the nickel business through bankruptcy proceedings in 2018.

Click to register: "2020 (Fifth) China International Nickel, Cobalt and Lithium Summit Forum"

To sign up for the Nickel-Cobalt-Lithium Summit or apply to join the industry exchange group, please scan the code:

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【Flash | Tubacex October Mo-Bearing Tube Surcharges Are Mixed】
Oct 02, 2026 10:52 (GMT+8)
【Flash | Tubacex October Mo-Bearing Tube Surcharges Are Mixed】
Read More
【Flash | Tubacex October Mo-Bearing Tube Surcharges Are Mixed】
【Flash | Tubacex October Mo-Bearing Tube Surcharges Are Mixed】
Tubacex issued its October tube alloy surcharges. In euros, hot-/cold-finished 316/316L fell from €5.07/€5.59 per kg (€5,070/€5,590 per tonne) to €5.05/€5.56 per kg (€5,050/€5,560 per tonne). High Mo content materials, with Mo above 2.5%, declined from €5.26/€5.79 to €5.23/€5.76 per kg. Surcharges for 2205 and 2507 were unchanged, while 254 SMO rose from €9.64/€10.62 to €9.67/€10.65 per kg. SMM analysis: most Mo-bearing tube grades were flat or slightly lower, while 254 SMO moved higher, indicating differentiated cost transmission across grades.
Oct 02, 2026 10:52 (GMT+8)
[SMM Stainless Steel Flash] India stainless scrap prices diverge as 304 eases with nickel and tight 316 holds firm
Oct 02, 2026 10:50 (GMT+8)
[SMM Stainless Steel Flash] India stainless scrap prices diverge as 304 eases with nickel and tight 316 holds firm
Read More
[SMM Stainless Steel Flash] India stainless scrap prices diverge as 304 eases with nickel and tight 316 holds firm
[SMM Stainless Steel Flash] India stainless scrap prices diverge as 304 eases with nickel and tight 316 holds firm
India's stainless steel scrap market moved in different directions in the week ended 1 October. Domestic 304 scrap prices edged lower and import offers followed, while 316 prices held steady in both the domestic and import markets. Weaker LME nickel prices weighed on 304 sentiment, and buyers stuck to immediate requirements as trading slowed over the festive period. Tight availability limited downside for 316. On procurement, short processing windows following the government's relaxation of Pre-Shipment Inspection Certificate (PSIC) requirements, along with additional import costs, continued to limit mills' flexibility. Some mills are evaluating billets, slabs and nickel pig iron (NPI) as alternatives to scrap to manage input costs. Looking further out, the EU's proposal to restrict metal waste exports to India under its new Waste Shipment Regulation (WSR) would, if adopted, further narrow India's scrap import options. In the near term, 304 scrap faces mild downward pressure if nickel stays weak, while 316 is expected to remain firm as long as supply stays tight. PSIC developments and the relative economics of billets and NPI will be key factors to watch.
Oct 02, 2026 10:50 (GMT+8)
【Flash | Metallus Raises October Molybdenum Surcharge Component for 300M Steel】
Oct 02, 2026 10:47 (GMT+8)
【Flash | Metallus Raises October Molybdenum Surcharge Component for 300M Steel】
Read More
【Flash | Metallus Raises October Molybdenum Surcharge Component for 300M Steel】
【Flash | Metallus Raises October Molybdenum Surcharge Component for 300M Steel】
Metallus set its October raw-material surcharges for Oct 1–30. The Mo component for 300M steel rose 0.52% to $15.176/cwt, about $334.57/t of steel, from $15.098/cwt, or $332.85/t. The listed total surcharge increased 1.03% to $45.054/cwt. Scrap rose to $17.750/cwt, while the separate energy surcharge for bars and tubes fell from $1.296/cwt, about $28.57/t, to $0.050/cwt, or $1.10/t.
Oct 02, 2026 10:47 (GMT+8)