(MENAFN- ProactiveInvestors)
NL () has done a deal with Glencore International AG (LON:GLEN).
The agreement would have Sirius supply around half of its planned nickel sulphide concentrate production from Nova for a period of three years from commencement of production - which is expected to start in late 2016.
Concentrate will be trucked by road from the Nova mine site to either Esperance or Geraldton port for export.
The commercial terms of the offtake agreement are confidential.
The previous two offtake agreements with Nickel West and Trafigura reflected the anticipated exceptionally high quality of the Nova nickel and copper concentrates which have very low levels of deleterious elements.
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