[Ferro-Alloys.com] 

Administrators suspend Savannah nickel operations

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia, affecting 140 workers who will be made redundant over the coming days.

At the time of Panoramic going into administration, it was the intention of administrators FTI Consulting to keep the Savannah project operational. While operations have continued, including a shipment of 10 000 t of nickel concentrate last week, nickel prices have continued to trend lower.

• [Editor:邢亚敏]