Reuters Africa reported Western Areas (ASX:WSA,TSX:WSA) will sell Jinchuan Group (HKG:2362) up to 15,000 tonnes of nickel in concentate.
Western Areas (TSE:WSA,ASX:WSA) reported the offtake contract to sell nickel concentrate to Jinchuan (HKG:2362) will be completed by Feb. 2012.
Platts reports Jinchuan Group (HKG:2362) raised domestic prices for the two grades it offers by a further Yuan 2,000/mt ($314/mt), or about 1.2%.
Bloomberg reports that Jinchuan Group Co. may outbid Vale SA (NYSE:VALE) for Metorex Ltd. (PINK:MRXLY).
Bloomberg reports that the Munali Nickel Mine in Zambia plans to produce 56,000 metric tons of concentrate this year.
China’s Jinchuan Group Ltd. will take a stake of about 51 percent in Zambia’s sole nickel mine Munali, which is due to resume output in September after stopping in March due to low prices, Zambia’s mines minister said. For full story, click here
It is declared that China’s Jinchuan Group Limited will take a stake of about 51% in Zambia’s sole nickel mine Munali which had halted production since this Mar forced by the dipping price of nickel ore. For full story, click here
China’s Jinchuan Group Ltd. will take a stake of about 51 percent in Zambia’s sole nickel mine Munali, which is due to resume output in September after stopping in March due to low prices, Zambia’s mines minister said. For full story, click here
Platts declared that China’s Jinchuan Group is expecting to complete a new 60,000 tonnes per annum copper nickel alloy pipe, rod and extrusion plant by end of 2009. For full story, click here
Australian miner Western Areas will supply up to 25,000 tonnes of nickel concentrate over two years from its Forrestania project to China’s Jinchuan Group. For full story, click here
Wednesday, November 30, 2011