SMM10 March 21: recently, PT Vale released its production report for the third quarter of 2020, and the company produced 19477 metric tons of matte nickel. Output in the third quarter of 2020 is about 4% higher than that achieved in the second quarter. Output in the first three quarters of 2020 was 10% higher than that in the same period last year.
Nico Cantor (Nico Kanter), CEO and President of PT Vale, said: "despite the pandemic, our operations were more reliable in the third quarter of 2020, resulting in increased production. We thank all our employees for their hard work to achieve this goal and are confident of achieving our production target of about 73000 tons for the whole year 2020. "
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
