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Article: Jinchuan Group snubbed by BHP in nickle deal.
- Article from:
- China Business News
- Article date:
- November 10, 2009
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Jinchuan Group snubbed by BHP in nickle deal
Shanghai. November 10. INTERFAX - Jinchuan Group Ltd., Asia's largest nickel producer, said in a statement on Nov. 9 that it has not been invited by BHP Billiton to participate in the next stage of the Ravensthorpe nickel assets sale, and will focus efforts on its partnership with Metals X Ltd. on the Wingellina nickel project, according to a statement filed by Metals X with the Australian Securities Exchange.
"Jinchuan Group considers that Metals X Ltd.'s Wingellina nickel limonite project represents a much better opportunity to grow its global business with a superior uncomplicated orebody with simple ...