PMEA Blog

Toledo Mining Corporation PLC (”Toledo” or the “Company”) (AIM: TMC) is pleased to announce that it has signed a Memorandum of Understanding (”MOU”) with Jinchuan Group Limited (”Jinchuan”), the largest nickel producer in China, pursuant to which Toledo and Jinchuan intend to form a strategic alliance for the exploration, mining, processing and sale of nickel products from Toledo’s
nickel interests on Palawan Island, Philippines.

The signing of the MOU follows six months of detailed negotiations involving respective company directors and Manila based senior management.

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