BHP misses out to China’s Jinchuan on nickel pact

SYDNEY, Nov 26 (Reuters) – BHP Billiton’s struggling Nickel West smelter in Australia lost out on a potential key supply source of nickel when rival Jinchuan Group of China signed a purchase agreement with an Australian miner.

Australia’s no. 3 nickel miner, Western Areas , on Wednesday said it reached a two-year agreement to supply Jinchuan with 26,000 tonnes of nickel concentrate following a competitive tender process that began in August.

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