Brazilian miner Vale sold its nickel products at a $545 per tonne premium over the London Metal Exchange benchmark price in 2018, the company said in an earnings report published on Wednesday March 27.
The premium of 4.20% above LME prices was the highest achieved by the company since 2002, it said.According to Vale, the average realized price in the year was $13,667 per tonne, with the company focusing on the potential of its nickel assets. Sales volumes were 236,000 tonnes in 2018, down from 295,000 tonnes in the previous year, but net...