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Related News

  • Botswana pulls out of $279m Norilsk Nickel mine deal 2016-10-11
    Botswana withdrew its decision to buy a 50% stake in South Africa’s Nkomati mine from OAO GMK Norilsk Nickel because it can’t afford the price tag of just under P3-billion ($279-million). “The kind of situation we are in, where’s that money going to come from,” Khaulani Fichani, chairman of state-owned BCL, told reporters in Gaborone, Botswana’s capital. BCL is now being managed by a liquidator.
  • Botswana mine closures highlight need for low-cost production 2016-06-15
    The closure of mines in Botswana had placed emphasis on the absolute necessity for low-cost mining production, E Consult MD Keith Jefferis said on Wednesday. “If we think we can continue as a mining country without being a low cost producer that will be a big mistake,” economist Jefferis told the Botswana Resource Sector Conference.
  • Botswana nickel miner to retrench workers, sell private jet to survive cash crunch 2016-03-23
    The cash-strapped Botswana nickel producer Bamangwato Concession Limited (BCL) has announced plans to retrench thousands of workers and dispose of non-core assets, including a private jet, in order to survive a crippling internal liquidity crunch that has been aggravated by the slump in the demand and price of nickel on the global commodity market. In an interview published by local daily newspaper Mmegi on March 22, BCL spokesperson James Molosankwe said the company was reorganising its main strategic businesses to survive the cash crunch and regain viability.

Harjavalta Information

  • General 2015-05-10
    Norilsk Nickel Finland became part of Norilsk Nickel as a result of the OM Group's nickel business acquisition on 1 March 2007. Norilsk Nickel Harjavalta is the only nickel refining plant in Finland. The plant was commisioned in 1959, expanded in 1995 and in 2002 including the construction of the Chemical plant. Harjavalta plant processes nickel concentrates from the Norilsk Nickel Group's operations and nickel semi-products from third parties. Concentrates are preliminarily treated under the agreement with Boliden Harjavalta plant of Boliden AB located in the same Suurteollisuuspuisto industrial park in Finland as Norilsk Nickel Harjavalta. High grade matte and other semiproducts with high nickel content are then delivered directly to the Norilsk Nickel Harjavalta refinery.

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