ASX-listed junior Mincor Resources has inked a binding ore tolling and concentrate purchase agreement with mining major BHP’s Nickel West division.
The two companies in March this year signed an offtake term sheet, under which Nickel West would process a minimum of 200 000 t/y and a maximum of 600 000 t/y of Mincor’s nickel ore through the Kambalda concentrator, with the contract to conclude on the earliest of the fifth anniversary of first delivery, or by the end of December 2025.