"WSA does not have 16% grades at their mines, their current average mine grades are at 2.9% so it requires expensive tolling from monopolist BHP"
.WSA processes Forrestania ore at it's Cosmic Boy Concentrator, taking the 3% mine grade to a 14% concentrate. This 14% concentrate is sold to Jinchuan and BHP. BHP doesn't toll treat others ore, they buy the concentrate from them.
From their own website Low-grade disseminated sulphide ore is mined from Mt Keith, a large open-pit operation and high-grade nickel sulphide ore is mined at Cliffs and Leinster underground mines The ore is processed through two large concentrators and dryers at Mt Keith and Leinster. Nickel West’s concentrator plant in Kambalda processes ore and concentrate purchased from third parties.
It's not that hard to find mate. Google BHP Nickel West. Google Western Areas.."what we do". FFS.
WSA Price at posting:
$3.42 Sentiment: Hold Disclosure: Held
