DJ Philippines’ Benguet, DMCI Sign Offtake Deal On Nickel Ore

MANILA, Oct 07, 2009 (Dow Jones Commodities News via Comtex) — BENGF | Quote | Chart | News | PowerRating — Benguet Corp. (BC.PH) said Thursday it has signed an offtake agreement with DMCI Mining Corp. to sell high-grade nickel ore from its project in northern Philippines.

“The agreement assures the company of a ready market for its nickel product,” Benguet said in a statement to the stock exchange.

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