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Mwana Africa plans BNC smelter, refinery restart

January 15, 2013 - 20:48 GMT Location: Windhoek

KEYWORDS: Zimbabwe , Mwana , BNC , Trojan , Shangani , Hunters , Glencore , smelter

Mwana Africa plans to re-open its Bindura Nickel Corporation (BNC)’s nickel smelter and refinery and Shangani mine, accelerating a phased re-start of operations at Africa’s only integrated nickel producer.

BNC will start selling concentrates to Glencore in the second quarter of this year. Management at London-listed Pan African resources group, Mwana Africa, the parent company which rescued BNC from liquidation and is driving its re-capitalisation, is now planning to re-open its nickel smelter and refinery and Shangani mine, accelerating the phased re-start of operations at Africa's only integrated nickel producer. Re-opening the smelter will substantially improve cash flow, as BNC seeks to begin toll refining agreements with nickel producers in Botswana, South Africa and Zambia. "Once we get Trojan back into full production, the next phase is turning on the smelter and refinery and tolling material...

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