Vale Melt Rounds and Plating Rounds get LME nod

About Vale

12/14/2020

Vale Melt Rounds and Plating Rounds get LME nod

Vale's Long Habour processing plant in Newfoundland and Labrador

Vale's Long Habour processing plant in Newfoundland and Labrador has an annual capacity of 50,000 tonnes.

Two refined nickel products produced at Vale’s Long Harbour processing plant in Canada’s Newfoundland and Labrador province have been accepted by the London Metal Exchange as qualifying for physical delivery to LME warehouses worldwide.

As of October 14, 2020, Vale Melt Rounds and Vale Plating Rounds are now LME-Primary-Nickel-deliverable. 

“Vale has always recognized the value that the London Metal Exchange brings to our industry. Registration of Melt Rounds and Plating Rounds is part of the evolution of our operations in Newfoundland and Labrador – from discovery to a mature producer – and contributes to increased liquidity for our products in the market,” said Juan Merlini, head of Marketing and Sales for Vale’s Base Metals business.

Vale commissioned its Long Harbour processing plant in late 2014 and started selling its Melt Rounds in 2015, followed by the introduction of Plating Rounds to the market in 2018. A hallmark of the company’s products remains that they are produced with elevated nickel content for melting and plating applications that demand extremely high purity and safe handling.

Vale Melt Rounds conform to the purity requirements of the globally-recognized ASTM B39-79 (2013) standard and contain a nickel content of 99.8% or greater. Vale Plating Rounds are high-purity rounds specifically designed for electroplating. The typical nickel purity is approximately 99.95%.

The Long Harbour processing plant has an annual production capacity of 50,000 metric tonnes a year. It combines state-of-the-art processing technology and world-class environmental management practices to produce environmentally friendly nickel. The plant is located about 100 km west of the vibrant port city of St. John’s in Newfoundland and Labrador.

In addition, Vale’s other LME-registered products include Nickel Pellets from Sudbury, Canada and Clydach, U.K., and Cobalt Rounds produced at Port Colborne, Canada.

 

Vale Melt Rounds contain a nickel content of 99.8% or greater.

Vale Plating Rounds are high-purity rounds, with a typical nickel purity of about 99.95%.


Vale Melt Rounds and Plating Rounds get LME nod