First Quantum's Ravensthorpe nickel mine in Western Australia enters care and maintenance, resulting in 330 job losses.

Canadian miner First Quantum will place its Ravensthorpe nickel mine in Western Australia into care and maintenance, leading to the loss of 330 jobs. The company cited the slump in nickel prices and significant current and projected losses as the reasons for the decision. This move follows the recent closure of BHP's nickel mine, contributing to the broader job losses in the Australian nickel industry.

April 29, 2024
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