Companies said they will leverage their complementary expertise to advance efficient extraction, processing, and distribution of critical minerals and metals within the United States.
Shares in small nickel and cobalt explorer GME Resources also jumped as much as 53%, apparently driven by the similarity of its stock ticker code to the US videogame retailer.
Stocks of the galvanising metal surged to a three-year high of 294,500 tonnes this week thanks to the “arrival” of 106,000 tonnes in the space of just two days.