Inco to build nickel plant in ChinaPublished by MAC on 2006-05-12
Inco to build nickel plant in China
Reuters Canada - Toronto,Ontario, Canada (Reuters)
Inco Ltd. said on Friday it will build a new plant in Dalian, China to make nickel products to supply stainless steel makers in the fast-growing Chinese market.
Inco, which will spend $63 million to build the facility, said the construction will start in the third quarter of 2006, and commissioning is expected in the first half of 2008.
The new Dalian facility will have a nominal capacity of 32,000 tonnes per year. It will be Inco's fifth processing plant in China.
Feed for the new plant will be supplied by Inco's Goro nickel project in New Caledonia and other sources, the company said.