Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Atlantic Nickel exported 60,300mt of nickel concentrate in the first seven months of 2021, produced at the Santa Rita mine, in the municipality of Itagibá, the company reported to local media. This is close to 67,700mt of shipments during the same timeframe last year.


July nickel exports to China were 11,000mt from the Port of Ilheus.


In the first half of 2021, Atlantic Nickel reported total revenues of R4.1bn ($791mn), after investing R151mn in purchases and contracts with suppliers in Santa Rita.


It also informed that it is developing an underground operation in this same mine, in search of doubling its production capacity, with an investment of R355mn.


(R1 = $0.19)

Leave a Reply

Your email address will not be published.