The focus in 2010 will be to continue consolidating production performance. During the year there will be a triennial plant maintenance shutdown in the last quarter.
The 2010 production guidance is 30,000-34,000 tonnes nickel. This range takes into account the planned triennial major plant shutdown provisionally scheduled for September/October 2010.
Word has it that the shutdown began on the 1 October 2010 and is to last three weeks.
MRE Price at posting:
81.2¢ Sentiment: Hold Disclosure: Held