Nickel: Investment in #NewCaledonia’s #Koniambo queried

Koniambo nickel plant

The head of #Glencore, #IvanGlasenberg, says the decision by mining companies to keep #Nickel operations going despite them being unprofitable is incomprehensible.

According to comments in the publication, #MetalBulletin, Mr Glasenberg has warned that his company is not married with #Koniambo and it’s not its style to burn cash.

Read more at:’s-koniambo-queried

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s