Market and product

Australia's Minara says nickel plant back on track

04:48 PM @ Monday - 25 October, 2010

SYDNEY Oct 25 (Reuters) - Minara Resources (MRE.AX: Quote), Australia's no. 2 nickel producer, had returned to normal operating levels after completing scheduled maintenance work on its Murrin Murrin nickel project.

The company, which is forecasting 2010 production of between 28,000-30,000 tonnes of nickel, started the maintenance work on Oct. 1.

The Murrin Murrin plant is 60 percent owned by Minara and 40 percent by Glencore International AG [GLEN.UL].

(Source: Reuter, Reporting by James Regan; Editing by Balazs Koranyi)