Nickel West Operating Margins hit by Exchange and Weak Ni Prices

  • Tuesday, July 24, 2012
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  • Keywords:Nickel
[Fellow]
[Ferro-Alloys.com] The strong Australian dollar and weak nickel prices continued to place pressure on Nickel West operating margins, BHP Billiton said. Production at Nickel West in the June quarter fell 3% to 29,900 mt compared to 30,800 mt in the year-ago quarter, while sales rose 15% to 36,000 mt compared to 31,200 mt. For the year ended June 30, 2012, Nickel West production fell to 109,000 mt compared to 112,700 mt the previous year and sales also fell to 110,000 mt compared to 116,000 mt. 
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