If you thought that the tussle between France's Eramet and Canada's Falconbrldge over the ownership of the latter's Koniambo project was settled once and for all in French courts in December, think again: Eramet has not given up the fight, and a successful Inco-Falco merger may just be the catalyst to shake loose the asset and return it to its original owners. Situated near Kone in the northern reaches of the island of New Caledonia in the South Pacific, Koniambo ranks as one of the world's largest and highest-grading undeveloped nickel-laterite deposits, boasting reserves of 62 million tonnes grading 2.4 grams nickel per tonne, or 734,000 tonnes of contained nickel, all within a much larger resource.
展开▼
