Asset Report
Pobuzhsky nickel operation
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Prior to its acquisition by Solway in 2003, Pobuzhsky (built in 1972) had been under receivership and idle for more than 3 years due to unprofitable processing of low-grade nickel ore from the local open pits. Solway entered into long-term partnerships with suppliers of high-grade nickel ore from Indonesia and New Caledonia and metal trading companies in Europe. Within a year of new management the plant was relaunched and two modernized 33 MW electric furnaces became operational. As a result of these measures the total processing capacity of the plant reached 1.5Mt/a.
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