Location | |
---|---|
New Caledonia | |
Country | Overseas territory of France |
Production | |
Products | Ferronickel, nickel matte |
Production | 200,000 tonnes |
Financial year | 2020 |
History | |
Opened | 1864 |
Nickel mining in New Caledonia is a major sector of the New Caledonian economy. The island contains about 7.1 million tonnes of nickel reserves, about 10% of the world's total.[1][2] With an annual production of 200,000 tonnes in 2020, New Caledonia was the world's fourth largest producer after Indonesia (760,000), Philippines (320,000), and Russia (280,000), followed by Australia (170,000) and Canada (150,000).[3]
Nickel production in New Caledonia accounts for 6% of the island's GDP and 24% of private employment. With the exclusion of tourism, nickel ore and derived metallurgical products represent about 90% of the total value of exports.[4][5][6] The industry has played a dominant role in the politics of New Caledonia for over a century.[7]