Mongolia agrees deal for $1.6 billion uranium mine with Orano
The project, with an initial investment of $500 million, will start its preparatory phase from 2024 to 2027.
Reuters Africa reports a company chaired by Australian iron ore magnate Andrew “Twiggy” Forrest wants to reopen a nickel mine in Western Australia shut more than 15 years ago.
A successful restart of the Mount Windarra mine by Poseidon Nickel Co , would mark Forrest’s return to nickel mining after quitting the board of Anaconda Nickel in 2002 and founding Fortescue Metals Group , Australia’s third-largest iron ore company.
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