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Nickel slump causes mine closure
By Sarah Bester
The Avebury Nickel Mine on Tasmania's West Coast is to be closed indefinitely, resulting in the loss of 189 jobs.Oz Minerals has decided to place the mine near Zeehan on "care and maintenance".The closure is due to a drastic drop in the price of nickel of 68 per cent over the past nine months.Terry Long from the Tasmanian Minerals Council says it is a serious blow to the state's industry."It's very significant, it's a new nickel mine with a couple of hundred employees, if anything it was regarded as being the jewel in the crown of the Tasmanian mining industry."So to see it go on to care and maintenance in a disastrous metals climate is quite sobering."
In this report: Terry Long, Tasmanian Minerals Council
By Sarah Bester
The Avebury Nickel Mine on Tasmania's West Coast is to be closed indefinitely, resulting in the loss of 189 jobs.Oz Minerals has decided to place the mine near Zeehan on "care and maintenance".The closure is due to a drastic drop in the price of nickel of 68 per cent over the past nine months.Terry Long from the Tasmanian Minerals Council says it is a serious blow to the state's industry."It's very significant, it's a new nickel mine with a couple of hundred employees, if anything it was regarded as being the jewel in the crown of the Tasmanian mining industry."So to see it go on to care and maintenance in a disastrous metals climate is quite sobering."
In this report: Terry Long, Tasmanian Minerals Council
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