Manila’s Nickel Asia to Sell Nickel Ore to Baosteel
Investing News Network - November 22nd, 2011
Reuters Africa reported Nickel Asia Corp (PSE:NIKL) signed a deal to supply close to 2 million wet metric tonnes of lateritic nickel ore to Baosteel.
Reuters Africa reported Nickel Asia Corp (PSE:NIKL) signed a deal to supply close to 2 million wet metric tonnes of lateritic nickel ore to China’s Baosteel Resources Co Ltd next year.
The volume accounts for about half of Baosteel Resources’ annual import requirements, the local miner said in a statement. Pricing details were not disclosed.