Western Australia offers interest-free loans to revive nickel mines

Western Australia’s government has allocated A$15 million for interest-free loans to help nickel miners in operation and support the potential restart of idled mines and ramp-up of new projects, it said in an April 1 statement. The loans will be repayment-free until either July 1, 2028, or until nickel prices exceed $22,000/mt for two consecutive quarters. Interest-free repayments will be inWestern Australia’s government has allocated A$15 million for interest-free loans to help nickel miners in operation and support the potential restart of idled mines and ramp-up of new projects, it said in an April 1 statement. The loans will be repayment-free until either July 1, 2028, or until nickel prices exceed $22,000/mt for two consecutive quarters. Interest-free repayments will be inRead More