Find us on Google+

Saturday, 27 March 2010

Mine Watch (Munali)

Munali resumed production on Friday under new Chinese owners. The Nickel mine is expected to raise annual output of nickel ore to 1.2 million tonnes by 2012 from the current 900,000 tonnes per year. Australia's Albidon Ltd, which halted operations last year at the country's only nickel mine following a fall in metals prices, resumed output after China's Jinchuan Group took over majority shareholding and invested $37 million.

No comments:

Post a comment

All contributors should follow the basic principles of a productive dialogue: communicate their perspective, ask, comment, respond,and share information and knowledge, but do all this with a positive approach.

This is a friendly website. However, if you feel compelled to comment 'anonymously', you are strongly encouraged to state your location / adopt a unique nick name so that other commentators/readers do not confuse your comments with other individuals also commenting anonymously.