Zimbabwe Bindura Nickel Project
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Description: Munali's nickel project in Bindura, a city in southern Zimbabwe, including the Trojan nickel mine in Bindura and the Bulawayo mine, located 60 kilometers south of Lhasa, Zambia, is a small cluster of mines currently under construction and is expected to be commissioned in 2008. The 2006 feasibility study report showed that the nickel ore reserves were 8 million tons and the content was 1.4%. The exploitable life is 10 years. In December 2006 China Jinchuan company reached an agreement with a local company, will provide all the nickel concentrate to Jinchuan company.

Capacity and output: The designed annual production capacity is 10,000 tons of nickel concentrate, and the annual output is about 8,800 tons (metal amount).

Shareholders: Currently ALbidon is the sole shareholder of the mine, accounting for 100% of the shares.

List of nickel ore production in recent years: metal tons

2008 is expected to be expected in 2009

4200 8800 10500

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