Jinchuan’s Zambia Nickel Mine Resumes Output

29 March 2010 (Last Updated March 29th, 2010 18:30)

China’s Jinchuan Group has resumed production at its Munali nickel mine in Zambia and is looking to increase output to 1.2 million tons by 2012. The mine currently produces 900,000t a year. Production was halted last year following a fall in metal prices. Ore output in ear

China’s Jinchuan Group has resumed production at its Munali nickel mine in Zambia and is looking to increase output to 1.2 million tons by 2012.

The mine currently produces 900,000t a year.

Production was halted last year following a fall in metal prices.

Ore output in early 2009 was recorded at 74,000t below the forecast of 87,000t, due to a lack of equipment and lower grades.

The Munali mine, which was previously owned by Australia’s Albidon, was taken over by Jinchuan which invested $37m into the mine.

The Chinese firm also reportedly invested $12.6m to purchase underground mining equipment, according to Reuters.