Posted in | Nickel

Sumitomo Metal Mining to Expand Nickel Capacity 60%

Sumitomo Metal Mining Company announced that it would be making a $168 million investment to increase the capacity of a nickel refinery that handles raw metal produced at the subsidiary Taganito HPAL Nickel project in the Philippines. The construction works will be completed by the April - June quarter of 2013.

The production capacity of nickel cathode at the Niihama plant in western Japan will be increased by 58.5%. The current capacity of 410,000 million tonnes a year at the plant will be raised to 650,000 million tonnes a year. The plant will also see a rise in the cobalt cathode it produces from 2,000 million tonnes a year to 4,500 million tonnes a year.

In September 2009 Sumitomo Metal Mining Co had announced that it would begin commercial operations at the 30,000 tonnes a year Taganito nickel plant in August 2013. This project would be kept alive for the next 30 years.
A company spokesman said that the expansion of the domestic refinery will help handle the increased processing of raw materials that will come in from the Taganito project.

Nickel is corrosion-resistant, finding many uses in alloys, as a plating, in the manufacture of coins, magnets and common household utensils. The Japanese company currently produces 22,000 tonnes of nickel at its Coral Bay plant in the Philippines.

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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