UK-based diversified miner Anglo American plc has announced that it has delivered first production on schedule from its $1.9 billion Barro Alto nickel project in Brazil, which is the first of its four major strategic growth projects to begin production and which will be a key contributor to Anglo American's 50 percent volume growth by 2015.
"This new nickel plant will reach its full production capacity in the second half of 2012 and will average 41,000 mt per year of nickel over its first five years of full production," the CEO of Anglo American's nickel business, Walter De Simoni, said.
Anglo American has the potential to increase production of nickel by an additional 66,000 mt per year, with further upside potential, from its unapproved projects at Jacaré and Morro Sem Boné in Brazil.
Anglo American makes first nickel delivery from Barro Alto in Brazil
Tags: Raw Mat Brazil UK European Union Europe South America Mining Investments Production Anglo American
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