MBMI Recommences Nickel Material Shipments From Alpha Project
Filed under: Mineral - Nickel
MBMI RESOURCES INC. (”MBMI” or the “Company”) (TSX VENTURE: MBR | Quote | Chart | News | PowerRating) is pleased to announce that its Philippine operations are preparing to recommence nickel material shipping activities. Several sales agreements have been executed with Asian industrial consumers for the delivery of nickel bearing material having grades of approximately 1.4% nickel. An inventory of material has now been blended, dried and delivered to the port facility at Alpha in Palawan, Philippines in preparation for shipment.
“A strong demand currently exists in Asia for the full range of nickel products which the Alpha, Philippine nickel project is able to offer on a direct shipping basis and MBMI is in a position to take full advantage of this opportunity,” said Michael Mason, President and Director of MBMI.
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