Atlantic Nickel makes first nickel concentrate sale in Trafigura offtake

January 07, 2020 / www.metalbulletin.com / Article Link

Atlantic Nickel and Appian Capital Advisory have sold the first nickel concentrate from nickel sulfide restart project Santa Rita in Brazil to trading company Trafigura, the Brazilian miner said on Monday January 6.

The sale forms part of a three-year offtake agreement and financing facility worth $40.8 million with Trafigura, and comes following the recommencement of mining operations at Bahia-based Santa Rita in July 2019.
The first shipment of concentrate is expected in January 2020.

Santa Rita, which...

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