SMGM and SMT have nominated Nakety, Cap Bocage and Tontouta as loading ports which will service the mining areas. Ore supply to QPM from these ports will primarily be co-ordinated between SMT and SMGM. QPM, SMT and SMGM have established a Nickel Project working group for the purpose of progressing technical and commercial arrangements in relation to the project. This group will coordinate the following aspects from study phases through to ore supply; • Feasibility of long term ore supply from SMT and SMGM’s mining areas to Townsville over a 20 year project life; • Issues of government regulations and approvals that potentially effect the project, including export permits; • The deliverables required to successfully complete the study work through to financial investment decision; • Development of management and commercial controls for long term supply of ore including supply schedules, grade, moisture content and shipping technical requirements.
PM1 Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
