LONDON Xstrata Nickel has
started metal production at its $5-billion Koniambo nickel
project in the South Pacific island of New Caledonia, the
company said April 11.
The project has been under
construction for six years and is expected to reach full
production late next year.
"We are on track to deliver the
full production rate of 60,000 tonnes (annually) by the end of
2014 as scheduled, while maintaining excellence in terms of
environmental and safety performance at this world-class
industrial complex," chief executive officer Ian Pearce
Toronto-based Xstrata Nickel,
part of Zug, Switzerland-based Xstrata Plc, owns 49 percent of
the Koniambo project. The remaining stake is held by
Société Minière du Sud Pacifique Plc, the
development arm of New Caledonias North Province.
A version of this article
was first published by AMM sister publication Metal