New Caledonia's largest private sector employer SLN fears insolvencyChristian Fernsby ▼ | July 13, 2020
New Caledonia's largest private sector employer, the SLN nickel company, has warned that it risks running out of money by the end of the year.
Topics: New Caledonia SLN
It appealed to the three New Caledonian provinces which jointly own about a third of SLN.
McGibbon said after improving export returns earlier this year the Covid-19 pandemic complicated matters.
He said to help SLN survive, electricity costs needed to be lowered and a permit to be issued to allow SLN to export two million tonnes of nickel ore. ■