New Caledonia mining trucks protest over nickel export ban to China

Goro-nickel-oxide-mining

Last week, the heads of the national and local governments along with mining executives vetoed exports of nickel laterites to China because of New Caledonia’s longstanding supply agreements with Australia.

“The opening to China is against the mining strategy established in 2009 to maintain export volumes to traditional clients of New Caledonia,” Philippe Germain, president of New Caledonia said in a statement.

Germain also said exports to China were unpredictable and blamed the Asian giant for the substantial fall in nickel prices.

Read more at: http://in.reuters.com/article/2015/08/06/nickel-newcaledonia-idINL3N10H15420150806

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