Home / Metal News / Nickel / Glencore Xstrata Sells Sinclair Nickel Mine to Talisman for $10 million
Glencore Xstrata Sells Sinclair Nickel Mine to Talisman for $10 million
Oct 22,2014 13:34CST
company news
Source:SMM
Glencore Xstrata has agreed to sell the Sinclair Nickel Project to Talisman Mining for $10 million.

by MetalMiner IndX Reports on October 21, 2014 - Glencore Xstrata has agreed to sell the Sinclair Nickel Project to Talisman Mining for $10 million.

Talisman reached a binding agreement with Xstrata Nickel Australiasia (a subsidiary of Glencore) to sell the mine for $8 million plus a deferred payment of $2 million.
 
The deferred payment will be contingent on production being recommenced within 6 years of the initial transaction’s completion.
 
Ferro Alloys
Ferrous Metals
Metal Prices
MetalMiner IndX
premium

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news