New Forrestania Offtake Contracts Awarded

After a very competitive tender process we are very happy to have announced our new nickel offtake arrangements for the next two to three years this morning. Western Areas is pleased to be continuing to supply BHP Nickel West for another three years, continuing our relationship into over 10 years, and we are also pleased to once again be supplying Jinchuan for the next two years with our high grade nickel concentrate product. Importantly, both BHP Nickel West and Jinchuan are major players in the downstream nickel industry, supplying both stainless steel and the growing EV battery market. The increased offtake terms represent the importance of securing high quality nickel to supply both these markets. We would of course also like to acknowledge the strong commercial relationship we have enjoyed with our outgoing offtake partner, Tsingshan, over the last three years.

Continue Reading