As BHP's Ravensthorpe operation gets closer to start up we may get an indicator of how keen it could be on HRR.
BHP 's QNI Yabulu Nickel Refinery will receive Raventhorpe ore for refining and would most likely have spare capacity to handle HRR ore.
Ravensthorpe due to start up at the end of first quarter of 2008. Smooth start would be good.
HRR with over 1.5+ million tons of nickel can offer a project with a life of 25+years.
Will CVRD-INCO continue to the next stage or let it slip by to be taken up by BHP?
Who knows?
Lash
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