Xstrata's move to boost nickel recycling in Sudbury draws mixed reaction
Sep 29, 2006 | 09:00 AM
| Meghann McDonell
The addition of a second scrap smelter to Xstrata Plc's nickel division won't change the landscape of the specialty alloy scrap industry, but it might be a sign of things to come from larger primary producers looking to expand business through secondary production.
The nickel division, formerly Falconbridge Ltd. before it was acquired by Xstrata earlier this year, has started construction of a new recycling plant in Sudbury, Ontario, that will double the company's secondary smelting capacity. The Zug, Switzerland,-based company touted that the Canadian $21.4-million ($19.2-million) investment and said it will establish the division as a market leader in cobalt and nickel recycling once it is in full production.....
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