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BRIEF-Western Areas says entered into new offtake contract with Bhp Billiton Nickel West

Published 29/11/2016, 09:39 am
© Reuters.  BRIEF-Western Areas says entered into new offtake contract with Bhp Billiton Nickel West
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Nov 29 (Reuters) - Western Areas Ltd WSA.AX ;

* New offtake contract with Bhp Billiton (LON:BLT) Nickel West-WSA.AX

* Asx alert-new offtake contract with Bhp Billiton Nickel West-WSA.AX

* Is has negotiated and entered into an offtake contract (contract) with Bhp Billiton Nickel West Pty Ltd (nickel west)

* This is a new contract and not an extension of previous arrangement, which will be completed on 31 January 2017

* Contract with Nickel West will require no changes to existing bulk logistics infrastructure already in place

* Contract period is earlier of three years from 1 February 2017 or completion of aggregate quantity

* Ddeal impact will begin to be recorded partially for FY17 and fully for FY18 onwards Source text for Eikon: ID:nASX8jWLLp Further company coverage: WSA.AX

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