Our nickel business is well placed to serve the global stainless steel industry, which depends on nickel and drives demand for it. Our mine assets are in Brazil, with two ferronickel production sites: Barro Alto and Codemin, in the state of Goiás.
The stainless steel industry uses two-thirds of the world’s nickel production and virtually all ferronickel produced each year. The balance is used mainly in the manufacture of alloy steel and other non-ferrous alloys.
In manganese, we have a 40% shareholding in Samancor, with operations in South Africa and Australia.