Poseidon signs Black Swan ore tolling agreements

Base metals firm Poseidon Nickel has found two potential sources of third-party feed for its Black Swan concentrator, which the company is touting as an alternative processing facility for stranded nickel miners following the closure of BHP Billiton’s Nickel West Kambalda concentrator.

Private exploration company SulphideX and listed junior Estrella Resources have signed memorandums of understanding with Poseidon to process ore from their respective projects under ore tolling and concentrate purchasing agreements (OTCPA).