Mirabela Nickel: Santa Rita Produces Over 1000 Tons Nickel
November 19 2009 - 8:45PM
Dow Jones News
Mirabela Nickel Ltd.'s (MBN.AU) Santa Rita mine in Brazil has
produced over 1,000 metric tons of nickel concentrate and
commissioning of the mine and plant are progressing well, the
company said Friday.
Concentrate deliveries to Brazil's Votorantim have commenced.
Mirabela has off-take agreements with Votorantim for 50% of output
with the remainder to go to Norilsk Nickel for the next five
years.
Santa Rita has an initial nameplate capacity of 26,000 tons of
nickel and a mine life of 19 years.
Mining in the open pit continues with the current mining fleet,
Mirabela said but expects delays in the delivery of the expanded
mining fleet will impact on the mining ramp-up.
Additional equipment will arrive from December 2009, it
said.
-By Elisabeth Behrmann, Dow Jones Newswires;
61-2-8272-4689 elisabeth.behrmann@dowjones.com
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