According to the company, the decision to shut down the operation is the result of the diminished prospects for profitability of Ravensthorpe and Yabulu in the current environment, significant and continuing deterioration in the outlook for the nickel market, and the projected level of capital expenditure required in order to achieve and sustain projected production volumes at Ravensthorpe.
BHP Billiton Shuts Down Ravensthorpe Anonymous Engineering and Mining Journal; Mar 2009; 210, 2; Docstoc pg. 14 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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