2024-01-31 | Current Affairs
IGO Halts Cosmos Mine, Anticipates USD125M Write-down
Today’s News IGO announced on Wednesday its decision to suspend operations at the Cosmos nickel mine in Western Australia due to a significant drop in nickel prices. The company anticipates a write-down of its nickel operations by up to AUD 190 million (USD 124 million). The Cosmos mine will undergo a care and maintenance phase […]