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Lunnon Metals Eyes Alternative Nickel Processing Options

Lunnon Metals Eyes Alternative Nickel Processing Options

Lunnon Metals Limited (AU:LM8) has released an update.

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Lunnon Metals Limited has acknowledged BHP Group’s recent decision to temporarily suspend its Nickel West operations and is exploring alternative processing solutions, including potentially acquiring the Kambalda Nickel Concentrator or building a new facility. The company is actively engaged in discussions and negotiations to secure a concentrator site at its Foster-Baker project, leveraging existing infrastructure, amid BHP’s plans to reassess its suspended operations by 2027.

For further insights into AU:LM8 stock, check out TipRanks’ Stock Analysis page.

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