Proactive Investors - Run By Investors For Investors

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.
Meet West Wits Mining Limited, Global Energy Ventures Ltd, XTEK Ltd and ShareRoot Ltd at our event, Melbourne , 04 June 2019. Register here »
View full BSX profile View Profile

Blackstone Minerals Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use