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Nickel Mines believes worst of nickel pricing now behind it

NICKEL Mines has claimed “another strong quarter” from its operations in Indonesia and believes the worst of recent nickel pig iron pricing is now behind it.

Michael Quinn
IMIP in Indonesia, China-owed site of some of Nickel Mines' NPI production units

IMIP in Indonesia, China-owed site of some of Nickel Mines' NPI production units

Managing director Justin Werner told a quarterly update that "we think we've seen the bottom" after NPI pricing during the September period came in at US$15,950/t. In the September quarter, operations...

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