Norilsk to Open Australian Nickel Project

Mining Weekly reported Norilsk Nickel (LSE:MNOD) said it will begin mining nickel in Western Australia.

As quoted in the market news:

He said at the Investing in African Mining Indaba, in Cape Town, that the Honeymoon Well project would have a production capacity of some 40 000 t/y of nickel.

Panov noted that Norilsk was also in the process of gradually recommissioning a number of the company’s operations in Australia, where production was suspended for an indefinite period in 2009, in view of unfavorable economic conditions.

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