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Crisis Deepens for Panoramic Resources
The global nickel market has clearly cooled down, and Macquarie analysts estimate that more than 60% of the entire industry has fallen into loss
① By the close of last week, LME's nickel futures were reported at $16,243 per ton, down more than 40% from the same period last year; ② Industry insiders began questioning the prospects of most nickel mines, and BHP Billiton also began considering whether to advance its next plans for Western Australia mines.
First Core, Now Panoramic: Nickel Metal Price Woes Force Mine Closure
Panoramic Suspends Mining at Savannah Nickel Mine
Panoramic Resources Appoints Voluntary Administrators
Panoramic Resources Updates Mineral Resource, Ore Reserves of Savannah Project; Shares Fall 8%
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