Home / Metal News / Nickel / [mining Quarterly report] Anglo-American Resources: nickel production increased by 10% year on year in the second quarter, manganese ore production decreased by 4% year on year
[mining Quarterly report] Anglo-American Resources: nickel production increased by 10% year on year in the second quarter, manganese ore production decreased by 4% year on year
Jul 17,2020 10:35CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, March 17: recently, when, Anglo American released its production report for the second quarter of this year, Anglo CEO Mark Cutifani said that Anglo has shown resilience in dealing with the challenges posed by Covid-19 and moved quickly to help maintain the lives and livelihoods of our workforce and communities. Our comprehensive response supports the continuity of most of our business during varying degrees of locking in different jurisdictions, although capacity has declined in many cases. The continued strong performance of Minas-Rio iron ore in Brazil and Collahuasi copper in Chile helped us reduce overall production to 18% because we also solved operational problems in metallurgical coal and PGM operations. From about 60% of the production level to the total production capacity in April, we continued to increase, reaching 90% of production capacity by the end of June. In terms of nickel and manganese,

Output in the second quarter:

Nickel business:

Nickel production increased by 10% in the second quarter from a year earlier, thanks to improved operational stability and Barro Alto shutdowns scheduled to be completed in the early second quarter of 2019. Current Covid-19 measures to protect workers and communities are not expected to seriously affect production in 2020.

In terms of full-year guidance, the production guidance remained unchanged at 42,000 million tons, depending on the extent of further disruptions related to Covid-19.

Manganese business:

Manganese production fell 4 per cent in the second quarter from a year earlier to 796000 tonnes, as the impact of South Africa's Covid-19 shutdown was largely due to the strong performance of concentrators and increased production in Australia. Manganese alloy production fell 44 per cent to 23200 tons, mainly due to the suspension of Covid-19 production in South Africa.

2020 China Ni-Cr stainless Steel Industry Market and Application Development Forum

Scan the QR code, apply for participation or join the SMM metal exchange group

Nickel
nickel ore
manganese ore
mining

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news