WSA stands on its own two feet. Not like other producers which only survive due to state handouts. Here is the sad story of SLN from New Caledonia.
http://www.radionz.co.nz/internatio...truggling-sln-looks-to-lower-production-costs
"SLN has survived the downturn courtesy of a $US390 million advance from its parent company Eramet and a loan of $US240 million from the French state.
SLN's restructure comes amid a review by Vale of Brazil, which is reviewing the viability of its nickel plant in the south of New Caledonia."
And a heads up to the people who are short WSA.
Cuba's nickel industry (10th largest in the world) is looking at a shutdown as Hurricane Irma causes damage in Cuba. If any shutdowns are longer lasting, this might give another tailwind to the nickel price which is already on in resurgence. Esh
http://www.miningweekly.com/article...ustry-as-hurricane-irma-approaches-2017-09-08
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