Australia's Avebury nickel mine to restart as Transamine signs offtake deal

By Myurun Waran / July 11, 2018 / www.metalbulletin.com / Article Link

The Avebury nickel mine, in Australia's island state of Tasmania, is set to restart after almost ten years of inactivity, because of the current high price for nickel and healthier prospects for demand, Metal Bulletin heard on Wednesday July 11.

Switzerland-based trader Transamine has signed a multi-year offtake contract with the mine's owner, Dundas Mining, for the sale of all nickel concentrates from Avebury to the global market.The mine has around 30 million tonnes of Joint Ore Reserves Committee (JORC)-confirmed resources. Current plans are...

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