Metals Finance Corp reported that it has been considering all appropriate off-take opportunities in respect to its Lucky Break nickel project. The Company announced that Product Supply and Technology Cooperation Agreements have been finalised and executed between MFC and the BHP Billiton Yabulu Nickel Refinery. These agreements significantly enhance the early development of the Company’s [...]

Metallica Minerals Ltd and joint venture partner Metals Finance Corp have entered into a nickel supply agreement with BHP Billiton Ltd.
Shares in Metallica and Metals Finance jumped on the news, up 13.64 per cent and 10.64 per cent respectively at 1115 AEDT.
BHP Billiton has agreed to purchase all of the nickel from the mining juniors’ [...]

The comments reported here a month ago from Vanessa Davidson pointing to the unreliability of production targets being met for new High Pressure Acid Leach (HPAL) nickel laterite processing plants in the article Medium term outlook for nickel: supply increases may outstrip demand growth but … was borne out in spades in this past week [...]

EXPLORER Metallica Minerals says it is moving to a pre-feasibility study of the company’s North Queensland nickel and cobalt (NORNICO) project.
Metallica Minerals managing director Andrew Gillies said yesterday the company was encouraged by the findings of a scoping study and had initiated a pre-feasibility study which was expected to be completed within six months.
The study [...]