Avebury, which had most recently been owned by China-backed MMG, was sold to Dundas last year and has been on care and maintenance since 2009.

The mine will produce around 7 000 t to 8 000 t of nickel and Transamine has secured offtake for the full amount, the person said. The concentrate will be sold into the battery and stainless steel markets. The trading house will provide a line of finance in double digit millions of dollars, the person said. 

http://www.miningnewspro.com/en/News/233091/Tasmanian nickel mine to restart, Transamine secures offtake