Australia's Mincor to Restart Nickel Mine-Shanghai Metals Market

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Australia's Mincor to Restart Nickel Mine

Industry News 04:22:28PM May 07, 2010 Source:SMM

SYDNEY, May 7 -- Australian nickel miner Mincor Resources (MCR.AX: Quote) will reactivate its Miitel nickel mine in west Australia due to a recovery in metals prices, the firm said on Friday.

The mine was closed in December 2008 due to low prices and a dismal outlook for demand.

The mine will return to its previous full production rate of between 4,500 and 5,500 tonnes of nickel in concentrate annually in July, the company said.

 

Australia's Mincor to Restart Nickel Mine

Industry News 04:22:28PM May 07, 2010 Source:SMM

SYDNEY, May 7 -- Australian nickel miner Mincor Resources (MCR.AX: Quote) will reactivate its Miitel nickel mine in west Australia due to a recovery in metals prices, the firm said on Friday.

The mine was closed in December 2008 due to low prices and a dismal outlook for demand.

The mine will return to its previous full production rate of between 4,500 and 5,500 tonnes of nickel in concentrate annually in July, the company said.