GWR 0.00% 7.7¢ gwr group limited

Nickel production can't justify new rail, becasue it's not sold...

  1. 266 Posts.
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    Nickel production can't justify new rail, becasue it's not sold in sufficient volume. I couldn't find production figures in a 5 minute look, but Mt Keith and Leinster have reserves of around 1 MT total. They both have nickel concentrators, so IIRC they produce a 20% Nickel concentrate. So if they produced their entire reserves in one year they'd have 5 MT to throw on the line... If we built it I imagine they'd jump on it, but it's a different kettle of fish to even GWR by itself, currently licensed for 7 MTPa with a realistic possibility of going higher.
 
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