Oct. 23 at 10:15 PM
$NEXM NexMetals has delivered another major milestone at its Selebi Mines in Botswana, with final metallurgical assays confirming the production of high-grade, saleable copper and nickel-cobalt concentrates—both meeting commercial smelter specifications.
Key Highlights
• Clean Concentrates: Both copper and nickel concentrates contain very low deleterious elements—including magnesium, cadmium, mercury, fluorine, lead, silica, and arsenic—all below industry penalty thresholds.
• Commercial Quality: Assays confirm concentrates are within industry-standard acceptance criteria, paving the way for potential offtake discussions.
• Low-Capital Restart Pathway: Demonstrates potential to restart Selebi without an on-site smelter, reducing capital intensity and execution risk.
Next Steps:
Further testing will focus on optimizing nickel recovery, reducing fines generation, and expanding variability analysis across additional samples to refine the processing flowsheet.
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