Cuba plans to produce 54,500 tonnes of nickel and cobalt sulfides this year, state-run television said at the weekend. Nickel is one of the cash-strapped Communist-run country's most important exports, but revenue from it has suffered in recent years due to a decline in production and prices.
The country was ranked 10th in world nickel production in 2016 and sixth in cobalt. Cuba produced on average 74,000 tonnes of nickel plus cobalt during the first decade of this century, but the oldest of three plants was shuttered in 2012 and another has suffered from obsolescence and hurricane damage.