Xstrata's Koniambo Nickel project goes into production

Xstrata has announced that its Koniambo Nickel project in New Caledonia has gone into production after producing its first metal this week, a key milestone for the five billion-dollar greenfield project.

Xstrata has announced that its Koniambo Nickel project in New Caledonia has gone into production after producing its first metal this week, a key milestone for the five billion-dollar greenfield project.

Xstrata Nickel, the world's fourth-largest nickel producer, is a 49% joint-venture partner in the project which has been under construction for the past six years. It is said to be a "flagship component" of Xstrata's organic growth programme.

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