Atlantic Nickel Hits Record 12,464t Nickel Concentrate Output at Santa Rita Mine

Atlantic Nickel, owned by Appian Capital, set a monthly production record of 12,464 tonnes of nickel concentrate at its Santa Rita Mine in Bahia, up 17.4% year-on-year and surpassing the prior record set in December 2024. The company also reported an 86.72% metal recovery rate, its best performance since taking over operations in 2019. This signals improved operational consistency at a key Brazilian nickel asset, though the broader market impact is limited given the modest scale relative to global supply.