Tati Nickel Mine To Review Operations

No Image

FRANCISTOWN: The recent fall in global metal prices has forced the world's largest nickel miner, Norilsk Nickel International, to urgently consider an operational review of Tati Nickel Mine operations.

"We have been affected by the global financial crisis and the fall in the metal prices in particular," says Tati Nickel's Manager (for) Organisational Capability, Peter Meswele.
Tati Nickel Mine, which recovers copper, nickel and cobalt, is located a few kilometres west of Francistown.

The mother company, Norilsk Nickel International, recently warned the likelihood of cutting production at its non-Russian assets, including Tati Nickel Mine. Nickel is currently trading at about one-fifth of its record price of $51,800 a tonne reached last May.
"We are busy toying around with cost reduction strategies and other means of reducing costs," Meswele says. "We will want interventions to be put in place to make sure that we survive."

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up