First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland.
As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.
The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs.