CAPITAL MARKETS

Nickel price unsustainable: Purdy

MIRABELA Nickel chief executive Ian Purdy estimates the majority of global nickel producers are losing money at current prices.

Kristie Batten
Nickel price unsustainable: Purdy

Cash nickel dropped 2.1% to $US15,563 per tonne overnight, its lowest level since July 2009 at the depths of the global financial crisis. Purdy told analysts this morning the general consensus of Mirabela,...

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