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Metminco to try nickel venture in Solomon Islands

Metminco (ASX:MNC) is aiming to try its hand at direct shipping of nickel laterite ore from the Solomon Islands with a planned scrip deal to acquire the Jejevo project on Santa Isabel Island in the Solomon Islands.

Metminco to try nickel venture in Solomon Islands Metminco to try nickel venture in Solomon Islands Metminco to try nickel venture in Solomon Islands Metminco to try nickel venture in Solomon Islands Metminco to try nickel venture in Solomon Islands

Metminco is heading to the Solomon Islands

It is getting its hands on 80% of Jejevo, as well as 80% of the Tausere bauxite project by acquiring 100% of the issued capital of Sunshine Metals.