Operations

Marketing

The Savannah concentrate is contracted for sale to the Jinchuan Group of China until March 2010 (the original life of the project based on the 2003 Feasibility Study).

Jinchuan pays an agreed percentage of the contained nickel, copper and cobalt based on LME pricing, recognising the unique characteristics of our concentrate. Panoramic is currently in negotiations for concentrate offtake beyond March 2010, given that the mine life now extends until at least 2014.