Koniambo nickel plant Photo: AFP
New Caledonia's nickel industry is again facing a crisis with the main shareholder in one of the territory's three mines threatening to pull its funding.
Swiss-based mining company Glencore says it intends to stop financing the Koniambo Nickel operation in the Northern province by the end of February 2024 if a "new financing solution" isn't found.
This comes after the French government's finance ministry last month released an alarming report of New Caledonia's nickel industry, stressing the need for a major reform of the sector.
Patrick Decloitre on RNZ's French Pacific desk has been following developments, he spoke to RNZ Pacific Editor, Koroi Hawkins.
