CAPITAL MARKETS

LionOre commits $US620 million to Activox

EMERGING Canadian-Australian miner LionOre Mining International has formally committed to the $US620 million ($A805.6 million) development of its Activox technology and other infrastructure at its Tati nickel project in Botswana.

Michael Quinn
LionOre commits $US620 million to Activox

The project will nearly double Tati’s output to 22,000 tonnes per annum at cash costs of $1.69 per pound, with first production from the Activox refinery due in the third quarter of 2009. The development...

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