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MINER'S RIGHT
The refinery too costly to fail
The promise of substantial cuts in nickel production has seen a pleasing, albeit modest, 5% increase in the price of the metal over the past two weeks but there is one big source of loss-making nickel which might not leave the market because it’s too costly to close.
Don't close Yabulu: even this guy living on the Great Barrier Reef may influence the decision on Yabulu
The irony of that situation will not be lost on anyone because the idea of maintaining production at a business which is deep in debt and losing cash every day seems bizarre. But when you consider that...
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