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Toledo Ships Nickel Ore to China

Investing News Network
Sep. 14, 2011 08:17AM PST
Base Metals Investing

IBTimes reported Toledo (PINK:TLMRF) announced the MV Vinalines Queen has sailed for China with 53,600 wet metric tonnes of nickel ore.

IBTimes reported Toledo (PINK:TLMRF) announced the MV Vinalines Queen has sailed for China with 53,600 wet metric tonnes of nickel ore.

The market news is quoted as saying,

This shipment provisionally generates approximately $3.5m for Berong Nickel Corporation (“BNC”), in which Toledo has a 56.1% economic interest.

The shipment was sold to Shaanxi Energy Metals & Minerals Resources on a spot basis taking advantage of the current high spot prices for nickel ore.

For the complete market news, click here.

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