Feb 25 (Reuters) - Aditya Birla Minerals Ltd ABY.AX :
* Says memorandum of agreement for the period 1 January 2016 to 31 December
2016
* By agreement dated 25 January 2006, Birla Nifty to sell, and Hindalco to
purchase, all copper in concentrate produced at Nifty copper mine for LOM
* Hindalco will pay co Nifty a provisional payment of 90% of provisional
invoice value three working days after date of arrival of vessel at disport
* Price Hindalco must pay Birla Nifty is governed by the Nifty concentrate
sales agreement and yearly MOA
* Price payable is the sum of the payments for payable copper in concentrate
minus TC/RCS
* Source text for Eikon ID:nASX81CMtC
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