Global nickel smelting rebounds as Sudbury operations restart

Global nickel smelting activity rebounded in November, powered by gains in North America and Europe, while refined copper production dipped, data from satellite surveillance showed on Monday.

Nickel output climbed due to the restart of Vale's Sudbury smelter in Canada while the easing of a power crunch lifted activity in China, satellite service SAVANT and broker Marex said in a statement.