06
Jun
13:05
QPM secures nickel supply from New Caledonia
ASX-listed Queensland Pacific Metals (QPM) has entered a binding agreement with New Caledonia-based Société des Mines de la Tontouta (SMT) to supply nickel ore over 10 years, Kallanish learns from QPM's public report.
SMT will supply QPM with up to 600,000 wet metric tonnes (wmt) of nickel ore per year, with commencement due in 2023. The companies target a typical limonite ore specification of 1.6% nickel and 0.18% cobalt. As part of t…
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