Poseidon takes ownership of Black Swan

Nickel miner Poseidon has taken full operational control of the Black Swan nickel project, in Western Australia, after completing the purchase agreement with major Norilsk Nickel. Poseidon initially planned to use the 2.2-million-tonne Black Swan processing plant to treat the ore from its Windarra operation, but following a deal with major BHP Billiton last year, the Windarra ore would now be treated at BHP’s Nickel West division, leaving Black Swan to be developed as a standalone operation.