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Ravensthorpe readies for revival, again

In theory, the Ravensthorpe nickel mine of First Quantum Minerals should be profitable at today’s nickel price of US$5.74 a pound but, as everyone in the nickel business knows, it’s not, because the mine closed last month.

Ravensthorpe readies for revival, again Ravensthorpe readies for revival, again Ravensthorpe readies for revival, again Ravensthorpe readies for revival, again Ravensthorpe readies for revival, again

The lights are no longer shining at Ravensthorpe though this could change if nickel prices continue rising

The irony of the situation will not be lost on anyone because the recent recovery in the price of nickel can almost be traced to the time First Quantum said it would mothball Ravensthorpe.

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