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OM woes put Cawse future in doubt

THE future of the Cawse nickel-cobalt project near Kalgoorlie in Western Australia is in doubt again as its US parent company, OM Group, undertakes a major restructuring after its share price plunged 80%.

Tim Treadgold
OM woes put Cawse future in doubt

Cleveland-based OM has been caught holding a massive inventory of cobalt just as the world price of the metal has crashed from more than US$10 a pound to around US$7/lb. OM is the world's biggest cobalt...

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