Ongoing weakness in world nickel markets has prompted a unit of Falconbridge (FL-T) to curtail production from its 85.26%-owned ferronickel operation in the Domincan Republic.
During the 3-month shutdown, Falco’s local subsidiary will carry out an extensive maintenance program across the site, including repairs to the electric furnace and power plant.
Falco expects to lose 8,000 tonnes of nickel-in-ferronickel as a result of the shutdown at the mining and processing complex.
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