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.