Forrest creeping up nickel registers

ANDREW Forrest’s Squadron Resources has lifted its stake in Mincor Resources and emerged as a new substantial shareholder in Panoramic Resources.

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Andrew Forrest is emerging as a major player in the WA nickel sector

A substantial shareholder notice lodged this morning shows Squadron spent A$9.1 million buying 44.9 million Panoramic shares since the end of January.

It gives Squadron an initial 5.