Anglo American hired advisers to sell two nickel mines in Brazil
The two assets produce together about 38,000 tons of nickel per year.
The two assets produce together about 38,000 tons of nickel per year.
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) shares have nearly tripled this year as the company transformed its resource-stage Nisk project in Quebec with […]
The project holds 2.5 billion tonnes grading 0.24% nickel for 13.3 billion lb. of contained metal.
An additional 928,000 tons a year of capacity is set to come online within the next three years.
KNS stopped its mine and plant operations in March after commodity group Glencore decided to sell its interest.
The project has been chosen by the province for inclusion in its critical minerals office concierge service initiative.
The tool has been deployed across Power Nickel's Zulema, Palo Negro and Tierra de Oro sites, uncovering significant faulting and new geological structures.
Sumitomo owns a 54.2% stake in the project companies.
Supply curtailments, project suspensions, slower approvals in Indonesia, halting of Russian deliveries, unrest in Caledonia not enough to change bearish outlook.
Lifezone said it is proposing "a comprehensive investment plan" that seeks to secure the future of the Kabanga nickel project.
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