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Talvivaara (LSE:TALV) announced it has forecast nickel prices would be around $20,000 per tonne in the long term, after reporting a quarterly operating loss due to cheaper nickel.
Talvivaara (LSE:TALV) announced it has forecast nickel prices would be around $20,000 per tonne in the long term, after reporting a quarterly operating loss due to cheaper nickel.
As quoted in the press release:
Its January-March operating loss was 11.4 million euros ($15.1million) compared to a profit of 11.6 million euros a year ago. It warned last week of a loss, after nickel prices fell to around $17,000-18,000 per tonne during the quarter.
Click here to read the Talvivaara (LSE:TALV) press release.