logo-loader
viewBlackstone Minerals Ltd

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.

Quick facts: Blackstone Minerals Ltd

Price: 0.215 AUD

ASX:BSX
Market: ASX
Market Cap: $54.13 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Blackstone Minerals Ltd named herein, including the promotion by the Company of Blackstone Minerals Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Blackstone Minerals intersects massive sulphide nickel in three maiden drill...

Blackstone Minerals Ltd's (ASX:BSX) Scott Williamson tells Proactive's Andrew Scott they've intersected massive sulphide nickel over a 1-kilometre strike in three maiden drill holes at Ban Chang prospect. It's part of the Ta Khoa Nickel-Copper-Platinum Group Elements (PGE) Project in Vietnam....

2 weeks, 1 day ago

2 min read