Xstrata said on Tuesday it had shut down a ferronickel mining and processing operation in the Dominican Republic for at least four months due to soaring energy costs and lower nickel prices.
The Switzerland-based mining group said that its Falconbridge Dominicana (Falcondo) operation, which each year produced 29,000 tonnes or 2 per cent of the world's primary nickel, would be suspended until market conditions improved.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/xstrata-suspends-ferronickel-mine
[2] http://admin.indiaenvironmentportal.org.in/category/author/rebecca-bream
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-times-london
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nickel
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
