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09 Jan
04:14

Administrators to suspend Savannah nickel project operations

Panoramic Resources will suspend its Savannah nickel project operations in the Kimberley region of northern Western Australia amid low nickel prices, Kallanish reports. The administrators of the Australian miner said Monday that whilst operations have continued, including a shipment of approximately 10,000 tonnes of nickel concentrate on 3 January 2024, nickel prices have continued to trend lower. After further engagement with major creditors, key suppl…
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