Metals X To Sell 20% Stake in WA Project in $50 Million Deal

Mining Weekly reported that Metals X (ASX:MLX) will sell a stake in its Wingellina project in a deal worth $50 million.

The editorial is quoted as saying:

Wingellina hosts a resource of almost 1,8-million tons of contained nickel, with a feasibility study defining a robust plan for construction of a nickel and cobalt operation capable of producing some 40 000 t/y of nickel and 3 500 t/y of cobalt over an initial 40-year life of mine.

To read the full editorial, click here.