FQM Advances Approvals for Ravensthorpe Nickel Mine Expansion

Plans are underway to expand the shuttered Ravensthorpe nickel operation in Western Australia, with First Quantum Minerals receiving federal approval to increase its development area from 144 to 387 hectares. Despite a significant drop in nickel prices, the company is investing $1.5 million to $2 million monthly in preparation for a potential mine revival amid a challenging market dominated by Indonesian supply.

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