CAPITAL MARKETS

Mirabela on the financial brink

IN THE wake of Mirabela Nickel’s turbulent September quarter and subsequent confirmation that it may go into administration, the company has acknowledged that an already pressured sales agreement is facing dissolution on grounds of force majeure.

Justin Niessner

Mirabela on the financial brink

Mirabela said today that its sales agreement with Votorantim Metals was again under threat of termination after the main transformer at Votorantim’s Fortaleza smelter malfunctioned. The incident has...

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