16
Jan
15:38
First Quantum scales back Australia nickel production amid weak prices
Canadian miner First Quantum Minerals is scaling back operations at its Ravensthorpe nickel mine in Australia, citing weak nickel prices and high operating costs.
It is suspending mining at the new Shoemaker-Levy ore body and bypassing the high-pressure acid leach (HPAL) circuit. “The priority is to improve margins while still maintaining asset integrity to avoid compromising the future operation of the mine at full capacity,” the miner said earlier th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous