Nickel price volatility makes for a tough H1 for Western Areas

Nickel miner Western Areas has reported a turbulent six months for the period ending December, with volatile nickel prices impacting revenues and profits.

Revenue for the six months to December fell to A$123.6-million, compared with the A$132.4-million in the previous six months, while net profits after tax declined from A$8.3-million to A$150 000 in the same period.