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Monday March 26, 10:35 AMXstrata says not looking for Koniambo partnerNOUMEA, New Caledonia, March 26 (Reuters) - Anglo-Swiss miner Xstrata said on Monday it was not looking for a partner to help fund development of its Koniambo nickel mining and smelting project in New Caledonia.Xstrata put the then US$1.8 billion project on hold last year after acquiring Canada's Falconbridge to review a cost overrun. "We are not considering taking on a partner as an option," Michel Rioux, president of the Koniambo nickel project, said at a conference in New Caledonia. Earlier on Monday, France's Eramet said it would consider taking a stake in the project. |
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