The Gwangyang plant of South Korea, which was established as a joint venture company under the name of SNNC by SMSP of New Caledonia and Posco of South Korea to produce ferro-nickel, had a considerable decrease of the production in the third quarter (July - September) of 2010. A consultant, who was sent to this plant in a late part of September, gave technical advises and, accordingly, the operation of one large electric furnace is expected to be improved from October and afterwards.|
According to an opinion from a well informed person, the Gwangyang plant was obliged to decrease the output of ferro-nickel in July - September quarter by a scale of 4,000 - 5,000 tons on Ni content base. Therefore, even if the plant could have recovered the production in October - December quarter to a normal level, the output of nickel in ferro-nickel at this plant in the calender year (January - December) of 2010 would be a nearer scale to approximately 70% of the designed annual capacity (30,000 tons on Ni content base). For a reference, it was said that the Gwangyang plant produced 12,200 tons of nickel in ferro-nickel in the first half (January - June) of 2010.
This plant is supposed to have produced 21,600 tons of nickel in ferro-nickel in the preceding calender year of 2009.