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More nickel job losses as IGO flags near wipeout on $1.3b buy

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IGO is shutting down its troubled Cosmos nickel project in Western Australia amid mounting job losses across the sector which is grappling with a market oversupplied with cheap Indonesian nickel.

The Cosmos woes take job losses announced across the WA nickel sector since December to about 1400.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/more-nickel-job-losses-as-igo-flags-near-wipeout-on-1-3b-buy-20240131-p5f1az