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Decision day for Ravensthorpe

BHP Billiton has announced its exit from the mothballed Ravensthorpe nickel mine on the south coast, agreeing to sell the project ot Canada’s First Quantum Minerals for $US340 million.The mining giant had remained tight-lipped about its intentions, with a spokeswoman on Tuesday confirming only that the company intended to make a decision on Ravensthorpe “by the end of the year”.

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