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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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Market: ASX
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Full interview: Blackstone Minerals PGE assays a game-changer at Vietnamese...

Blackstone Minerals Ltd (ASX:BSX) managing director Scott Williamson updates Proactive on its maiden drilling program at the Ta Khoa Nickel Project in northern Vietnam, which has delivered the project's first-ever PGE assays. Assay results from the first of three drill holes at Ta Khoa have...

on 18/9/19

2 min read