2022-04-22
On April 21, Anglo American released a report on nickel production in the first quarter. In the first quarter, the company's two mining areas in South Africa and Brazil produced a total of 13,900 tons. Among them, the output of the Brazilian mining area was 9,300 tons, down 8% year-on-year and 12% month-on-month; the output of the South African mining area was 4,600 tons, down 4% year-on-year and 19% month-on-month. The full-year nickel production target for 2022 remains unchanged at 40,000-42,000 tons.
Brazil business:
Barro Alto's nickel mine production in the first quarter was 7,900 tons, down 4% year-on-year and 8% month-on-month.
Codemin's nickel mine production in the first quarter was 1,400 tons, a year-on-year decrease of 26% and a month-on-month decrease of 30%.
The reduction was mainly due to late 2021 license delays, heavy rains and unexpected maintenance at Codemin and lower ore grades.
South African business:
Refined nickel production at the Mogalakwena mine was 4,600 tonnes, down 4% year-on-year and 19% month-on-month. The production cuts are mainly due to load shedding at Eskom and related impacts from Covid-19.
The specific production and sales are shown in the table below:
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