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MINER'S RIGHT
Ravensthorpe in peril
Coronavirus outages, coupled with a recent rise in demand from Chinese stainless-steel mills, is breathing life into struggling nickel producers, but one closely-watched mine facing a potential re-run of past struggles is the ill-fated Ravensthorpe project in Western Australia.
Over the past five weeks, the nickel price has risen by 10% from a low of US$5 per pound to last trades on the London Metal Exchange at US$5.50/lb. The increase has sparked a mini-boom among pure-play...
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