08
Feb
02:17
Mallee to idle Avebury nickel mine
The receivers and managers of the Australian miner Mallee Resources has announced that the Avebury nickel mine will transition into a care and maintenance program, Kallanish notes.
The receivers and managers have been operating Avebury while looking for a long-term buyer. However, it says the decline in the nickel price, largely attributable to the significant expansion in Indonesian supply, has adversely impacted the motivation of interested parties.
It no…
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Anonymous
Very good overview of the weekly steel market.
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