Concerns in New Caledonia over nickel price

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There is concern in New Caledonia over the slump in nickel prices and the sharp drop of the share value of Glencore, which is a key stakeholder in the Koniambo nickel plant.

Glencore has lost about 15 billion US dollars in recent weeks and it is uncertain if it will fund major repairs of a furnace at Koniambo.

Read more at: http://www.radionz.co.nz/international/pacific-news/285698/concerns-in-new-caledonia-over-nickel-price

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