nickel is mainly used to make stainless steel: it adds strength and corrosion resistance to the steel, and is also used in types of steel designed to be less magnetic. It is also used for nickel plating. with its ability to handle high temperatures, nickel features in specialty steels and superalloys, used for example in aug 24, 2017 but on the same day in the same state, anglo-australian mining giant bhp billiton unveiled plans for a processing plant to supply 100,000 tonnes of nickel sulfate per year to jan 29, 2019 the country produces 210,000 metric tons of nickel annually. In particular, the sudbury basin produces an estimated 65,000 metric tons of the compound. vale canada, a subsidiary of brazilian metal and mining company, vale s.a which is the largest nickel mining company in the world, and glencore, are the largest nickel mining companies in canada.