Voluntary Administrators Cut Most Staff at Queensland Nickel

Mining Weekly reported that the majority of staff at Queensland Nickel Pty Ltd. have been “made redundant” by the company’s voluntary administrators. The company went into voluntary administration back in January.
As quoted in the market news:

The administrators said in a statement that the terminations of employment and uncertainty regarding the new employment offers constituted a deeply regrettable, although unavoidable, situation given the administrators no longer had operational control of the Yabulu refinery.
A joint venture between QNI Resources and QNI Metals, Queensland Nickel Sales, earlier this week replaced Queensland Nickel, which went into voluntary administration in January, as the manager of the refinery and associated Townsville Port facilities.
Queensland Nickel administrators said at the time that the decision to replace Queensland Nickel as manager of the refinery was beyond its control.
However, the administrators on Thursday urged Queensland Nickel Sales to quickly resolve the ongoing employment of staff at the Yabulu refinery, adding that the new manager could offer current employees of Queensland Nickel employment.
“At this time the administrators are uncertain as to the status of future employment offers by Queensland Nickel Sales,” the administrators said.

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