Two potential buyers for Glencore’s stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have submitted offers following site visits late last year, KNS said.
Part of a loss-making nickel industry in French-controlled New Caledonia, KNS halted its operations in March after commodity group Glencore decided to sell its 49% interest.
The nickel firm then shut down its furnaces at the end of August after failing to get an offer within a six-month period set by Glencore, though discussions with interested parties continued. Two groups that had expressed interest prior to the shutdown have submitted offers after conducting site visits between end-October and early December, Alexandre Rousseau, president of KNS, told Reuters.
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