• Most Popular
  • Most Shared

Western Areas selling Australia nickel to Jinchuan

Tue Jul 7, 2009 7:44pm EDT

Stocks

   

SYDNEY, July 8 (Reuters) - Australian miner Western Areas (WSA.AX) will supply up to 25,000 tonnes of nickel concentrate over two years from its Forrestania project to China's Jinchuan Group [JCGRP.UL], Western Areas said on Wednesday.

The contract with China's largest nickel company begins in early 2010 and is expected to end in December 2011, Western Areas said in a statement. (Reporting by Mark Bendeich; Editing by Jonathan Standing)



More from Reuters

visits a condominium for sale with her real estate agents in Somerville, Massachusetts April 2, 2009.  REUTERS/Brian Snyder

On shaky ground

The bubble has burst and the economy is bottoming out. So why are Americans still hesitant to buy new homes?  Full Article 

REUTERS/Handout/MFS Utilities

The relentless investor

Ever the contrarian, fund manager Maura Shaughnessy finds ways to make money amid the market meltdown -- even if it means kicking executives in the shin.  Full Article