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China June nickel output falls 1.9% from previous month - Antaike

Kitco News

BEIJING, July 8 (Reuters) -


* China produced 13,633 tonnes of refined nickel in June, down 259 tonnes, or 1.9%, from May due to maintenance at top producer Jinchuan Group, according to Antaike, the research arm of the China Nonferrous Metals Industry Association.
* However, the figure was up 17.9% year-on-year as Jinchuan, which accounted for 12,000 tonnes of the total output, managed to reduce the turnaround time for its planned June maintenance to 15 days, Antaike said in a note on Monday.
* Jinchuan did not immediately respond to a request for comment.
* Nickel is used chiefly to make stainless steel, although it is increasingly sought after as a key ingredient in lithium-ion batteries for electric vehicles.
* China's refined nickel production for the first half of 2019 came it at 77,734 tonnes, Antaike said, up 13% year-on-year.


(Reporting by Tom Daly; editing by Christian Schmollinger)

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