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12 Feb
10:56

Glencore to idle Koniambo Nickel, divest stake

Koniambo Nickel SAS (KNS), a joint venture between Société Minière du Sud Pacifique (SMSP) and Glencore in New Caledonia, will be transitioned into care and maintenance, Kallanish reports. The decision follows “extensive discussions and negotiations” over the past months with relevant government and other key stakeholders, says the Swiss mining giant. The announcement on Monday is the latest of a few in recent weeks, driven by the…
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