{"id":8521,"date":"2024-01-16T10:46:27","date_gmt":"2024-01-15T23:46:27","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8521"},"modified":"2024-01-25T10:47:59","modified_gmt":"2024-01-24T23:47:59","slug":"fqm-to-reduce-mining-at-ravensthorpe","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2024\/01\/16\/fqm-to-reduce-mining-at-ravensthorpe\/","title":{"rendered":"FQM to reduce mining at Ravensthorpe"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"KELSIE TIBBEN<\/a><\/p>\n\n\n\n

\"nickel\"\/<\/figure>\n\n\n\n

Nickel ore. Image: Adwo\/stock.adobe.com<\/p>\n\n\n\n

First Quantum Minerals (FQM) will scale back its operations at its Ravensthorpe nickel mine in Western Australia.<\/p>\n\n\n\n

The company said the decision is a result of the significant downturn in nickel prices experienced during 2023, combined with the currently high operating costs in WA.<\/p>\n\n\n\n

Approximately 30 per cent of the 420-person workforce will be let go, with contractors to be redeployed by their employers.<\/p>\n\n\n\n

FQM said it will lean on ore stockpiles to continue producing nickel, which are expected to be processed over the next 18 months.<\/p>\n\n\n\n

Mining is set to resume at the Hale Bopp and Halley\u2019s ore bodies when prices recover as part of the company\u2019s three-year plan.<\/p>\n\n\n\n

\u201cTransitioning to a new operating model will allow us to continue to produce and export our nickel product, which is a critical mineral and has a lower carbon footprint than other suppliers,\u201d Ravensthorpe nickel operation general manager Scott Whitehead said<\/a>.<\/p>\n\n\n\n

\u201cThe operational changes will ensure Ravensthorpe remains viable longer term and we will retain most of our residential and FIFO workforce, thereby supporting the communities of Hopetoun and Ravensthorpe and providing income for the region and Western Australia.<\/p>\n\n\n\n

\u201cIt\u2019s important we position ourselves to respond in a timely manner to future improvements in the nickel price by being able to reactivate our mining activities at the preferred time.\u201d<\/p>\n\n\n\n

FQM expects Ravensthorpe will produce approximately 16,000 contained tonnes of nickel per annum over the next three years.<\/p>\n","protected":false},"excerpt":{"rendered":"

KELSIE TIBBEN Nickel ore. Image: Adwo\/stock.adobe.com First Quantum Minerals (FQM) will scale back its operations at its Ravensthorpe nickel mine in Western Australia. The company said the decision is a result of the significant downturn in nickel prices experienced during 2023, combined with the currently high operating costs in WA. Approximately 30 per cent of … Continue reading “FQM to reduce mining at Ravensthorpe”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,6],"tags":[],"class_list":["post-8521","post","type-post","status-publish","format-standard","hentry","category-clients","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2dr","jetpack-related-posts":[{"id":8562,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/04\/29\/ravensthorpe-nickel-to-suspend-operations\/","url_meta":{"origin":8521,"position":0},"title":"Ravensthorpe nickel to suspend operations","author":"yinghui","date":"April 29, 2024","format":false,"excerpt":"KELSIE TIBBEN The Ravensthorpe nickel operations. Image: First Quantum Minerals While many of the staff members from the Ravensthorpe nickel operation (RPO) will be made redundant, owner First Quantum Minerals is taking steps to keep as many employed as possible. It comes as\u00a0First Quantum\u00a0places the WA site into a care\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"First Quantum","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/12\/first-quantum-3.0-OPERATIONS-RAVENSTHORPE-02-1024x554.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/12\/first-quantum-3.0-OPERATIONS-RAVENSTHORPE-02-1024x554.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/12\/first-quantum-3.0-OPERATIONS-RAVENSTHORPE-02-1024x554.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/12\/first-quantum-3.0-OPERATIONS-RAVENSTHORPE-02-1024x554.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8425,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/09\/12\/allkem-technical-collaboration-on-lithium-potential-in-ravensthorpe\/","url_meta":{"origin":8521,"position":1},"title":"Allkem Technical Collaboration on Lithium Potential in Ravensthorpe","author":"yinghui","date":"September 12, 2023","format":false,"excerpt":"NickelSearch\u4e0eAllkem\u5f00\u542f\u6280\u672f\u5408\u4f5c \u80a1\u4ef7\u8dc3\u534761% 2023-09-12 10:03:10 (AET) by Edward Zhang\u00a0\u00a0 733 \u77ff\u4ea7\u52d8\u63a2\u516c\u53f8 NickelSearch\uff08ASX\uff1aNIS\uff09\u63d0\u4f9b\u4e86\u5176\u5728\u897f\u6fb3\u5927\u5229\u4e9aRavensthorpe\u9644\u8fd1\u7684Carlingup\u954d\u786b\u5316\u7269\u9879\u76ee\u9502\u6f5c\u529b\u8bc4\u4f30\u8fdb\u5c55\u7684\u6700\u65b0\u8fdb\u5c55\u3002 \u3010\u6fb3\u80a1\u8d44\u8baf\u5e73\u53f0 - 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Nickel sulphate is a key material in the lithium-ion batteries that power electric vehicles (EVs), with more than 85 per cent of BHP\u2019s current production sold\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"nickel sulphate","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2018\/11\/171114_NickelWestDusk_LQ-604x270.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2018\/11\/171114_NickelWestDusk_LQ-604x270.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2018\/11\/171114_NickelWestDusk_LQ-604x270.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8777,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/07\/12\/what-suspending-bhps-wa-nickel-operations-means-for-the-industry\/","url_meta":{"origin":8521,"position":4},"title":"What suspending BHP\u2019s WA nickel operations means for the industry","author":"yinghui","date":"July 12, 2024","format":false,"excerpt":"OLIVIA THOMSON The Mount Keith operation is part of BHP's Nickel West business. Image: BHP. BHP has decided to temporarily suspend its Nickel West operations and the West Musgrave project in Western Australia amid the global nickel downturn. What does the suspension mean for the Australian nickel industry?\u00a0Australian Mining\u00a0investigates. Operations\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"The Australian Government\u2019s Resources and Energy Quarterly: September 2022 underlined the central role critical minerals will play in the future.","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/12\/210705_nickelwestmtkeith3_highres-copy-1024x550.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/12\/210705_nickelwestmtkeith3_highres-copy-1024x550.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/12\/210705_nickelwestmtkeith3_highres-copy-1024x550.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/12\/210705_nickelwestmtkeith3_highres-copy-1024x550.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":642,"url":"https:\/\/yinghuiinternational.com\/index.php\/2014\/12\/06\/the-2015-metals-outlook-series-nickel\/","url_meta":{"origin":8521,"position":5},"title":"The 2015 Metals Outlook Series: Nickel","author":"yinghui","date":"December 6, 2014","format":false,"excerpt":"The story of nickel is finally one of stability. Since 2005 the me\u00adtal has been wracked by skyrocketing highs and sharp declines that have caused massive job losses and uncertainty that has seen an exodus from the sector by many of the larger players. Much of this was due to\u2026","rel":"","context":"In "Iron and Steel Industry"","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8521"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8521\/revisions"}],"predecessor-version":[{"id":8522,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8521\/revisions\/8522"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}