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Threatened Goro could force battery makers into action

WITH the big Goro project in New Caledonia under “strategic review” by owner Vale, investment bank UBS is wondering whether the ‘big daddy’ of the multi-billion dollar high pressure acid leach generation may be heading towards closure.

Michael Quinn
Threatened Goro could force battery makers into action

Or, could it be saved by the EV battery revolution? Because Goro, like First Quantum Minerals’ Ravensthorpe, can produce the high quality nickel needed by the burgeoning sector, while according to UBS,...

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