Denarius Metals Takes Step Forward to Produce Low Carbon Metals in Europe with the Signing of a Long-Term Agreement for the Sale of Concentrates from Its Aguablanca Project in Spain; Compl...
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
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Source: Yahoo
today that it has agreed to commercial terms with Boliden Commercial AB, a subsidiary of Boliden AB ("Boliden"), for the sale at market prices of 100% of the nickel-copper concentrates to be produced at its Aguablanca Project in Extremadura, Spain. The initial term of the agreement covers the period through mid-2031 and is renewable annually thereafter. The concentrates will be shipped from Aguablanca through the Huelva Port to Boliden's state-of-the-art nickel flash smelting facilities located in Harjavalta, Finland, the only nickel sulphide smelter in the European Union. The flash smelting technology was invented and implemented first in Harjavalta and is included on the EU Best Available Technology list. The Harjavalta smelter has some of the lowest carbon and sulphur dioxide emissions of any nickel smelter globally. Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, "We are very pleased to be partnered with a world-class metals company such as Boliden. Ou
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