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19 Feb

Western Australia announces royalty relief to ailing nickel industry

The Western Australian government said Saturday it would offer royalty relief to the state’s nickel sector, in a bid to support the industry heavily impacted by recent price slumps. The so-called nickel financial assistance programme will offer companies a 50% royalty relief for 18 months, starting March 2024, when prices are under $20,000/tonne for a given quarter. ​​Repayable over 24 months in quarterly instalments, the rebate aims to support both thousand…
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