CAPITAL MARKETS

Allegiance breaks off Renison processing talks

ALLEGIANCE Mining has terminated discussions with Murchision United about milling ore from its Avebury nickel deposit in Tasmania through Murchison's Renison plant.

Michael Quinn

Allegiance chairman Tony Howland-Rose said the parties had been unable to agree terms, but he remained hopeful Renison could yet process ore from Avebury. The 750,000t per annum Renison mill is currently...

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