Annual Report Highlights 2006 Achievements
May 19, 2007 -- The Nickel Institute has published its first Annual Report.
The Institute represents 18 companies that produce more than 85% of total world annual nickel output to support and promote the production, use and re-use of nickel in socially and environmentally responsible manners. It is staffed by 28 full-time staff, operating in every major nickel market in the world.
The 2006 Annual Report outlines the enormous value in terms of reputation that the Institute brings to its member companies and their down-stream customers, the users of nickel.
“We share a continuing commitment to raising the bar in terms of behaving responsibly and earning a reputation for our industry that secures a sustainable future for all of our employees, for our customers, and the end-users of nickel-containing materials, who rely on our products,” says Tav Morgan, Chairman of the Nickel Institute.
“We are proud to further promote and encourage the use of nickel as the quality material of choice in special applications such as high efficiency jet engines and batteries for hybrid cars that can reduce carbon emissions and thus, address the world’s major environmental concern of global warming,” Morgan says in the Annual Report.
The report highlights the achievements of each of the three main ‘pillars’ of the Institute, namely Nickel Market & Use Support, Nickel Science and Business Advocacy.
Total operating expenses for the Institute in 2006 were US$10 million.
You can download a copy of the Annual Report here >>
| NOTE: The Nickel Institute does not present forecasts or comments on nickel markets, prices or supply/demand. The Nickel Institute does promote the long term use of nickel to contribute to a sustainable future. The unique properties of nickel mean that it has the ability to play a significant role in daily living and the industries of today and the future. For this reason the nickel industry is currently investing billions of dollars in new projects around the globe most notably in Australia, Brazil, Canada, New Caledonia and Russia. Whenever the Nickel Institute makes a public comment, any opinions expressed or implied are those of the Nickel Institute and not necessarily those of its members. |
FOR MORE INFORMATION PLEASE CONTACT:
Stephen Barnett
President
Nickel Institute
E-mail:sbarnett@nickelinstitute.org
Tel: 44 771 734 1432
