SYDNEY -- Unrest in New Caledonia has compounded a crisis in the nickel industry of the French overseas territory, casting uncertainty over mining group Glencore's attempt to divest from a major smelter there.
The South Pacific archipelago was the world's third largest supplier of nickel in 2023 and has the world's fifth largest reserves of the metal but has faced increasing difficulties amid a glut in the global market.
.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
