Nickel Investing News » Albidon receives notice after Munali Nickel Project Closure

Albidon receives notice after Munali Nickel Project Closure

March 9, 2009 @ 4:56 am In Nickel Company News

Albidon announced that its wholly owned subsidiary Albidon Zambia has been handed over with a notice of default from the senior lenders to the Munali nickel project. The default had arisen because the Munali nickel project had recently been placed on care and-maintenance due to low nickel prices.

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[1] here: http://steelguru.com/news/index/2009/03/08/ODUzMzc%3D/Albidon_receives_default_notice_after_Munali_closure.html