BASE METALS

Rare nickel miss for Western Areas

SERIAL guidance achiever Western Areas has cautioned it expects to fall short by about 500 tonnes of nickel in concentrate in the current financial year due mainly to “lower feed grade, an increase in scats and mill throughput volume”.

 Prime nickel miner Western Areas very rarely misses targets.

Prime nickel miner Western Areas very rarely misses targets.

Instead of reaching guidance of 21,500-22,500t of nickel in concentrate, about 21,000t is expected. The "miss" is the first in 30 consecutive quarters. Still, mine production and all other guidance...

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