Nickel prices jumped Tuesday on the news of production setbacks at the troubled Goro nickel mine, which has one of the world's largest deposits and is partially owned by Trafigura Group and backed by Tesla Motors, reported Bloomberg. Goro is located in the South Pacific island French territory of New Caledonia.
The mine has been forced to curtail production following a leak from its tailings dam -- an earth-fill embankment dam used to store byproducts after separating the ore from mining waste. A spokesperson from owner Prony Resources said…Tesla-Backed Mine Faces Trouble In The South Pacific
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