16
Aug
14:05
NICKEL, COBALT: LGES to offtake 100% production of Sconi project
South Korean battery manufacturer LG Energy Solution (LGES) announced Monday a long-term offtake agreement for nickel and cobalt materials with Australian Mines Limited, Kallanish reports.
Under the deal, LGES will secure 100% production of Australian Mines’ $1.5 billion Sconi project in north Queensland. This translates into 71,000 tonnes of nickel and 7,000 t of cobalt in the form of mixed hydroxide precipitate (MPH), which is a nickel and cobalt-containi…
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Anonymous
Very good overview of the weekly steel market.
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