Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Nickel Mines produced 21,395 mt of nickel in Jan-June 2020 from its Hengjaya Nickel and Ranger Nickel mines in Indonesia under the company’s RKEF project.


At Hengjaya in Sulawesi, Indonesia, nickel production was 10,651.9mt while nickel pig iron (NPI) output stood at 74,155.1mt at 14.4pc NPI grade in H1 2020. At Ranger, nickel metal produced in the first six months of this year tallied at 10,743.3mt while NPI volume at identical grading was 78,844.7mt. 


The Australian miner’s sales revenue in the first half of this year rose to $227.8mn over $56.8mn in H1 2019. EBITDA in H1 2020 increased to $78.7mn from $4.1mn during the same period last year. 

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