Silkroad to supply 2.7mln tonnes of nickel ore to China’s Tsingshan

Silkroad Nickel will supply China’s biggest stainless steel producer with 2.7 million tonnes of high-grade nickel ore from March until December 2022, the company said on Monday March 15.

Silkroad Nickel, a laterite nickel ore producer in Indonesia has signed an offtake agreement with Ekasa Yad Resources, a unit of Tsingshan Holding Group, in which it will supply 2.7 million tonnes of high-grade nickel ore, at a minimum quantity of 50,000 tonnes per month.

The contract has an estimated value of over $90...

Published

Yingchi Yang

March 16, 2021

04:25 GMT

Shanghai