Administrators close Penrice sodium bicarbonate, lime, plant
Published: Wednesday, 25 June 2014
The closure of the Osborne plant is of course bad news for Penrice, but it also highlights the tough economic landscape facing Australian miners. This year Galaxy Resources closed its Mt Cattlin spodumene mine and plant, citing high operating costs.
Australian soda ash, bicarbonate of soda and limestone
producer Penrice Soda Holdings Ltd has relinquished its Osborne
chemical plant to administrators after a prospective bidder
The chemical plant will cease operations immediately, with
only a small number of staff retained to decommission it
Administrators McGrathNicol said that...