Nickel currently trades at $19,180 per ton, over 30% below the 2023 highs. While Ravensthorpe Shire president Tom Major, accustomed to the cyclical nature of the mining industry, expressed ...

Ravensthorpe Shire president Tom Major said the decision was a blow for the region. "We were hopeful that it [the mine] might continue, but it's going to hurt for those people," he said.