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Blackstone Minerals acquires shuttered nickel mine in Vietnam to leverage Asian battery demand

Blackstone Minerals Ltd (ASX:BSX) managing director Scott Williamson updates Proactive Investors on the explorer's 90% acquisition of the Ta Khoa Nickel Project in Vietnam.
Williamson said the Ta Khoa acquisition includes the Ban Phuc Nickel Mine, which successfully operated as a mechanized underground mine from 2013 – 2016 but closed due to the falling cost of nickel at the time.
The project will boost the battery metals focus for the company, enabling it to focus on nickel sulphides as demand for batteries in Asia leads the market into an upswing.

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Price: 0.345 AUD

Market: ASX
Market Cap: $110.51 m

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Blackstone Minerals' Scott Williamson discusses positive scoping study on Ta...

Blackstone Minerals Ltd's (ASX:BSX) (FRA:B9S) Scott Williamson speaks to Proactive's Andrew Scott soon after announcing the completion of a positive scoping study on the Ta Khoa Nickel-Copper-PGE Project in Vietnam. The study has positioned the project in the country’s north to serve Asia’s...

1 week, 6 days ago

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